The bill H. 3109 proposes to amend the South Carolina Code of Laws by adding Section 44-6-120, which would make adults aged sixty-five years or younger eligible for Medicaid if their income is at or below one hundred thirty-three percent of the federal poverty level, with a five percent income disregard. This eligibility would take effect on January 1, 2026, and aligns with provisions outlined in the Patient Protection and Affordable Care Act (ACA). The bill emphasizes the potential economic benefits of Medicaid expansion, including increased federal funding, job creation, and improved health outcomes for uninsured South Carolinians.
The bill also highlights the moral imperative of expanding Medicaid, arguing that it would enhance the quality of life for many individuals and contribute positively to the state's economy. By opting into Medicaid expansion, South Carolina could alleviate the financial burden on hospitals serving low-income patients and reduce overall healthcare costs for consumers. The act is set to take effect upon approval by the Governor.
Statutes affected: 12/05/2024: 44-6-120
Latest Version: 44-6-120
12/06/2024: 44-6-120