Trump announces $90 Medicare premium rebates for seniors ahead of midterms

U.S. President Donald Trump gestures as he arrives to speak at a campaign rally with Oklahoma Republican gubernatorial candidate Mike Mazzei at the Choctaw Event Center on October 01, 2026 in Durant, Oklahoma. (Photo by Kevin Dietsch/Getty Images).

Ahead of the November midterm elections, President Donald Trump announced a plan to provide $90 payments to over 20 million seniors to assist with Medicare premiums.

The Friday Truth Social announcement follows a previous proposal to offer $500 rebate checks to roughly one million Affordable Care Act beneficiaries.

Trump has also pledged on the campaign trail to send $5,000 to every American adult if Republicans maintain control of Congress — offering substantial taxpayer relief through a $1 trillion proposal that requires congressional approval.

“I am pleased to announce that my Administration will, immediately, begin sending “Checks” of nearly $100 to over 20 MILLION wonderful Seniors to help pay for their Medicare Part B premiums, which we have already reduced by significant amounts,” Trump wrote on Friday. “This money will come from the Medicare Improvement Fund, a pointless “Slush Fund” that has only been used by Dumocrats in Congress to pay for the Waste, Fraud, and Abuse for their Special Interest friends, and drive up Healthcare costs. We are finally using this Fund, along with my Most Favored Nations Deals, to substantially LOWER costs for our Seniors.

 

“I pledged to protect and preserve Medicare and Social Security, which were on the verge of RUIN by Joe Biden, who foolishly and maliciously let tens of millions of Illegal Aliens into our Country, and we are doing just that for America’s Seniors,” the president continued. “This is separate from the equally substantial Refund “Checks” we are sending to One Million Americans who were overcharged for their Unaffordable Care Act plans by Joe Biden.”

“Because I delivered on this very important issue for the American People, they can also rest assured the highly popular $5,000 Trump Dividend will be distributed to every U.S. Citizen if, and when, the Republicans win the Midterm Elections!” Trump added.

Trump Truth Social Post

 

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