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The Economic Times
The Economic Times

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

Nearly one million Americans enrolled in Obamacare plans will receive $500 in payments as the Trump administration ​moves to refund those who were overcharged ​through the federal marketplace.

The White House said on Thursday the Biden Administration overcharged ​Americans through Obamacare plan exchange "user fees" that were passed on to consumers in the form of higher premiums, creating a surplus that the administration said was not needed to operate the marketplace.

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