WASHINGTON, Oct. 3 -- The Centers for Medicare & Medicaid Services issued the following press release:

Q: What will the Medicare Improvement Fund do for Medicare beneficiaries?

A: The Administration is making a $90 Premium Rebate available for Part B premiums to certain Medicare beneficiaries because the best way to improve Medicare is to put healthcare dollars back where they belong - in the hands of our Medicare beneficiaries - and make coverage more affordable.

Q: How much is the Medicare Improvement Fund Premium Rebate and when will beneficiaries receive it?

A: Eligible beneficiaries will receive one $90 rebate in October 2026. Most beneficiaries will receive a direct deposit for $90 on or around October 8th followed by an email o...