Trump Taps Medicare Fund for $90 Senior Payments

Trump Taps Medicare Fund for $90 Senior Payments

WASHINGTON, DC – October 3, 2026 (STL.News) President Donald Trump has announced that his administration will distribute one-time $90 payments to more than 20 million Medicare Part B enrollees, tapping a Medicare fund created by Congress during the George W. Bush administration that, according to the Congressional Budget Office, went unused by the Centers for Medicare & Medicaid Services for years after its establishment. The White House announced the payments Friday, saying they are intended to help eligible Medicare beneficiaries offset the cost of their Part B premiums. Most qualifying beneficiaries are expected to receive $90 by direct

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