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Live News REGULATION ARTICLE M impact

US to issue $500 Obamacare refunds to nearly a million Americans

The White House said the federal government will issue $500 refunds for Obamacare overcharges to nearly a million Americans. Checks are set to be sent starting October.

The federal government will send $500 refunds to nearly a million Americans after Obamacare overcharges, the White House said on Thursday. Eligible Americans will start receiving checks in October, it said. The Trump administration is refunding excess fees to people who were overcharged for their coverage.