Over 20 million Medicare beneficiaries eligible for one-time $90 payment

The White House announced that more than 20 million Medicare Part B enrollees will receive a one-time $90 direct payment to help offset rising premiums. The payments, scheduled to begin in early October via direct deposit or check, are intended to assist beneficiaries as the standard monthly premium for Medicare Part B is set to increase from $202.90 in 2026 to an estimated $209.50 per month by 2027. Eligible recipients include most Medicare Part B enrollees who do not receive Medicaid assistance or pay Income-Related Monthly Adjustment Amounts (IRMAAs), and are U.S.-based, non-Medicare Advantage participants. The $90 payment is sourced from the unutilized funds in the Medicare Improvement Fund, which Congress authorized with a total of $2 billion for program improvements. Beneficiaries can check their eligibility by contacting Medicare directly or tracking payments through Social Security Administration services starting October 15.

By Lorie Konish · CNBC ·

Over 20 million Medicare beneficiaries eligible for one-time $90 payment

Topics: direct payments federal government Medicare premiums

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