President Trump says more than 20 million Medicare beneficiaries will receive a one-time $90 payment in October to help offset the cost of Medicare Part B premiums.
The payments are being funded through the Medicare Improvement Fund, with most eligible beneficiaries expected to receive the money by direct deposit. Those without direct deposit will receive a check.
Trump is also calling on Congress to pass legislation targeting Medicare and Medicaid fraud, including tougher penalties for repeat offenders and mandatory minimum prison sentences under his proposal.
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