Millions of Medicare beneficiaries will receive a $90 payment from the Social Security Administration this week as part of an effort to lower health care costs for older Americans.

President Trump announced on Oct. 2 that the administration would send a one-time payment to around one-third of people enrolled in Medicare Part B, which covers doctors' visits, outpatient care and preventive screenings.

In a White House statement, the Trump administration said the "premium rebates" were intended to help "enrollees pay for their Medicare Part B premiums." The payments will be issued automatically to 20.8 million qualified Medicare beneficiaries starting this week. 

Most enrollees will receive a ...