$3.5T Democratic budget plan includes Medicaid expansion. Here's what it means for SC - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 15, 2021 Newswires
Share
Share
Post
Email

$3.5T Democratic budget plan includes Medicaid expansion. Here's what it means for SC

State (Columbia, SC)

Jul. 15—COLUMBIA, S.C. — South Carolina could finally see Medicaid expanded under a budget proposal Senate Democrats have agreed to.

The $3.5 trillion budget deal reached by Senate Democrats this week includes money to expand Medicaid in states that haven't expanded the program under the Affordable Care Act.

Details have yet to be released of how that would be done, but the aim would be to go around the state governments, mostly in the south, including South Carolina, that have not expanded Medicaid.

"I think that it achieves what we've been working on for some time now," US Rep. Jim Clyburn, D-Columbia, the House majority whip told reporters Wednesday.

The expansion was meant to cover people with incomes too high to qualify for Medicaid, but too low to qualify for savings in the health insurance marketplace.

Expanding Medicaid in the state would cover an additional 188,000 adults, according to the Kaiser Family Foundation analysis of 2019 American Community Survey data.

The American Rescue Plan Act also included incentives for state governments to expand the health insurance program for needy people but South Carolina has declined to take the money because the additional funding would disappear after two years.

Under the COVID-19 relief package adopted in March, South Carolina would have received $790 million a year in additional federal assistance to expand Medicaid, and would only have to kick in $190 million a year for a net increase of $600 million pumped into the South Carolina economy.

Clyburn said Medicaid also helps people who need nursing home care.

"You can be middle income and you got a parent or grandparent in need of medical care and you got to pay out of pocket for nursing home care, you won't be middle income long," Clyburn said. "Don't let anybody fool you. If we're not expanding Medicaid that means we're not expanding assistance for nursing home care."

Clyburn said he's determined to get Medicaid expanded in the state by having the federal government directly provide the benefit in states where the program hasn't been expanded.

"I can tell you right now, this will pass the House. I'm the vote counter," Clyburn said. "It's my job to get to 218. I can tell you right now, we're going to get to 218 in the House."

Republicans have already signaled they will be against the $3.5 trillion deal.

U.S. Sen. Lindsey Graham, R-Seneca, who is the ranking Republican on the Senate Budget Committee, said the proposed resolution will lead to higher taxes, reckless spending and could hurt the economy.

Graham in a statement said Democrats are using the desire to have an infrastructure deal as an excuse to expand government.

"This proposal is not about infrastructure," Graham said in a statement. "It's about expanding the role of government in our lives from cradle to grave. This is about a massive tax increase that will stifle economic recovery. It is about liberal wish list spending that will stoke the fires of inflation."

"Count me in for real infrastructure. Count me out for a tax-and-spend plan from Hell," Graham added.

Gov. Henry McMaster, who has been against expanding Medicaid, said the federal government should invest in infrastructure and growing the economy.

"I think the better thing is to put money into roads, bridges, economic growth and development," McMaster told reporters Thursday. "The best welfare program is a job. People who work, earning a living statistically we know are healthier, wealthier and wiser and that is the direction in which we need to be going."

Reporter Maayan Schechter contributed to this article.

___

(c)2021 The State (Columbia, S.C.)

Visit The State (Columbia, S.C.) at www.thestate.com

Distributed by Tribune Content Agency, LLC.

Older

National Health Foundation Receives Major Gift of $586,000 from Providence Southern California to Grow its Recuperative Care and Community Health Services

Newer

CT utility regulators uphold millions in fines against Eversource, UI

Advisor News

  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
  • Helping clients prepare for one of their biggest retirement expenses
  • Important year-end financial conversations every advisor must have
More Advisor News

Annuity News

  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity News

Health/Employee Benefits News

  • US: Nebraskans Losing Coverage as Medicaid Changes
  • How to Cut Health Care Costs for Schools and Towns
  • What will California's next governor do about healthcare? Here are Becerra and Hilton's plans
  • Studies from Cardiovascular Research Foundation in the Area of Managed Care Reported (Temporal Trends in Mitral Valve Repair Procedures and Outcomes Among Older U.S. Adults): Managed Care
  • Researchers from Dartmouth College Geisel School of Medicine Describe Findings in Managed Care (Integrating Peer Support Into Medicare-Funded Care: A Qualitative Study of System-Level Insights From Early Implementation): Managed Care
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • U.S. News & World Report Announces Winners of the 2027 Life Insurance Companies Awards
  • New York Life Investment Management Launches NYLIM MacKay Muni High Income ETF
  • When life changes, coverage should too
  • Trust emerges as key battleground for distribution, LIMRA panel agrees
  • AM Best Affirms Credit Ratings of OneAmerica Group Members
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.