From Washington: A government payment plan has been announced, targeting seniors who receive Medicare. Eligible seniors can expect a one-time payment of $90. This payment is funded by the Medicare Improvement Fund. To qualify, seniors must reside in the US and not receive Medicaid premium assistance.

Certain groups are excluded from this payment, including those enrolled in Medicare Advantage. The payment method will be either direct deposit or a mailed check.

Further details about this plan are available, including the timing of the payments and the response from lawmakers, such as Senator Ron Wyden.