Who qualifies for the Trump administration’s $90 payments for seniors?

(NEXSTAR) – President Trump has announced another round of checks will be sent out to Americans, this time for those on Medicare.

Last month, the White House started sending out $500 refund checks to roughly 1 million Americans who were reportedly overcharged for their ObamaCare insurance.

Just as those payments started arriving, Trump on Friday said his administration would pay out about $2 billion in checks for 20.8 million seniors.

These payments, funded by the Medicare Improvement Fund, are arriving as one-time deposits or checks. Previous administrations have not used the Medicare Improvement Fund in this way, although Congress has periodically taken out money from the fund to pay for other priorities, said Larry Levitt, KFF’s executive vice president for health policy. For example, $20.74 billion was used for the creation of the Affordable Care Act in 2010.

“We are finally using this Fund, along with my Most Favored Nations Deals, to substantially LOWER costs for our Seniors,” Trump wrote in a Truth Social post .

Roughly 20.8 million people are expected to receive a rebate.

To qualify, you need to be enrolled in Medicare Part B and live within the U.S., according to the Centers for Medicare & Medicaid Services (CMS). You cannot be receiving premium assistance from Medicaid, and you cannot be paying an Income-Related Monthly Adjustment Amount.

Those enrolled in Medicare Advantage do not qualify for a rebate.

If you believe you qualify, you can call 1-800-MEDICARE (1-800-633-4227) to confirm, according to CMS. To verify payment status, you’re asked to call the Social Security Administration at 1-800-772-1213 starting on Thursday, Oct. 15.

The money is meant to offset premium costs. Total monthly costs for the program, which covers costs like doctor’s visits, ambulance services and lab tests, start around $200 and vary with income.

How much will you receive, and when will it arrive?

For most, the payment will be made as a direct deposit “on or around” Thursday, Oct. 8. Later this month, an email or letter from Trump will also be sent out.

Some may instead receive a paper check from the Treasury Department later this month. It will include the message, “Medicare Improvement Fund Payment; $90 Payment to Offset October Premium.”

According to the Social Security Administration , there are a few times in which you may sign up for Medicare Part B.

First, if you were covered by an active employer group health plan (whether your own or your spouse’s) since turning 65, but it ended within the last eight months, you are allowed to enroll in Part B without a penalty.

There are also special enrollment periods that allow you to enroll without paying a penalty.

That can include if you lose Medicaid coverage, missed a registration window because of a natural disaster or emergency, or were recently released from incarceration. You can review those situations and their associated enrollment period here .

Why you may also receive $500 this month

The White House began sending out $500 refund checks late last month to the roughly 1 million Americans the administration says were overcharged for ObamaCare insurance.

To qualify, you need to have bought health insurance through the federal exchange and not receive premium assistance. You must also live in one of 30 states .

The nearly 1 million people said to be eligible for the checks comprise just a small fraction of the 19.2 million people enrolled in Affordable Care Act coverage , Nexstar’s The Hill reported earlier this month.

Some reported receiving these payments last week.

The $500 refunds are separate from Trump’s proposed $5,000 dividend , which he has discussed as a potential payment to Americans if Republicans retain control of Congress after the November midterm elections.

The Associated Press contributed to this report.