President Trump announced one-time $90 payments to over 20 million Medicare Part B enrollees from the Medicare Improvement Fund, which has never been utilized before. This action aims to directly lower costs for senior citizens.
Why it matters. This policy change affects millions of seniors by reducing their Medicare Part B premiums, potentially improving their financial situation and access to healthcare.
IMPROVING MEDICARE FOR SENIORS: Today, President Donald J. Trump announced that the federal government will be making one-time payments of $90 per person to help more than 20 million enrollees pay for their Medicare Part B premiums.
HISTORIC ACTION TO HELP SENIOR CITIZENS: With this action, President Trump is the first President to ever use the Medicare Improvement Fund to directly lower costs for senior citizens.
one-time payments of $90 per person to help more than 20 million enrollees pay for their Medicare Part B premiums
Established in 2008, no Administration has ever utilized or made payments from the Medicare Improvement Fund.
The Trump Administration has reached 26 deals with pharmaceutical manufacturers, covering nearly 90% of the branded drug market.
the Medicare Improvement Fund, which has been given $2 billion by Congress for the purposes of making improvements to the Medicare fee-for-service program
the Centers for Medicare & Medicaid Services has ramped up enforcement against hospitals that are out of compliance with price transparency rules and strengthened price transparency rules for hospitals and insurance companies.
