President Trump announced his administration would distribute nearly $100 to over 20 million senior citizens. This action aims to help them cover Medicare Part B premiums. The payment, approximately $90, is scheduled for early October and will be sent via direct deposit or check. Most Medicare Part B enrollees are eligible for this credit. However, this amount will only offset less than half of the standard monthly Part B premium. The funds for these payments will be drawn from the Medicare Improvement Fund. This move by President Trump occurs a month before the midterm elections. It adds to a series of recent promises of refunds and rebates to various American groups. These actions come as the president faces challenging economic polling numbers. He has also recently pledged $5,000 to every adult citizen if Republicans win the midterms. Additionally, Trump has suggested other financial benefits, such as Obamacare rebates and dividends related to data centers.