Trump to send $500 rebate checks for Obamacare overcharges: Report

President Donald Trump reportedly plans to issue $500 rebate checks to up to 1 million Obamacare enrollees who were overcharged for their coverage. These payments, targeting recipients across 30 states, will be funded by approximately $500 million in excess fees that were previously over-collected. The administration expects these rebate payments to be delivered to the eligible individuals before the 2026 midterm elections, returning funds that were sitting unused in government accounts.