A plan by state Senate Democrats and some Republicans to fully expand Medicaid coverage in Georgia was shot down by the narrowest margin -a tie vote in a Senate committee. Sen. David Lucas, D-Macon, working with Sen. Matt Brass, R-Newnan, brought a proposal to expand Georgia's Medicaid program through a waiver the state would seek from the federal Centers for Medicare and Medicaid Services. Georgia's Republican governors and legislative leaders have refused to consider fully expanding Medicaid coverage for more than a decade since a then-Democratic Congress passed the Affordable Care Act, citing the cost. But if the feds approved the waiver, Georgia would receive a $1.2 billion "signing bonus" from the federal government to implement the program during the first two years, according to a state audit. The program would cover an estimated 500, 000 to 1 million Georgians. "We can't kick the can down the road anymore," Lucas told members of the Senate Regulated Industries Committee Thursday. "$1.2 billion is waiting in (Washington), D.C., for Georgia to expand (Medicaid). But how long is it going to be there?" "It would be a massive reduction in how many uninsured Georgians we have," added Laura Colbert, executive director of Georgians for a Healthy Future, a nonprofit that has long supported Medicaid expansion.
But several Republicans on the committee said fully expanding Medicaid now would undercut two waiver programs the Kemp administration has put in place or is working to implement. After a lengthy court struggle with the Biden administration, Gov. Brian Kemp's Georgia Pathways to Coverage program took effect last summer. The Kemp administration also has a second waiver program called Georgia Access, a state-based health-insurance exchange directing people to private health insurers and brokers. "Governor Kemp has taken a very strong stand on using private health care through the waiver process," said committee Chairman Bill Cowsert, R-Athens, who cast the deciding tie vote that sank the expansion bill. "We may be rushing the gun here to undercut his efforts." But the bill's supporters argued Georgia Pathways is only covering 2, 900 enrollees despite having spent $26 million. Georgia Access is expected to enroll 50, 000 Georgians in its first year and 85, 000 by its second year, said Sen. Ben Watson, R-Savannah, chairman of the Senate Health and Human Services Committee. "I think we need to give this more time," he said. While Georgia Access covers Georgians with incomes up to 138% of the Federal Poverty Level -the same as fully expanding Medicaid -Georgia Pathways covers only those with incomes up to 100% of the poverty limit. Brass said a fully expanded Medicaid program would allow him to cover workers at his business who could qualify at the 138% income level but don't meet the 100% threshold. "As a small business owner who can't afford insurance for my employees I want my guys insured," he said.
Fed's Waller says "still no rush" to lower rates after "disappointing" U.S. inflation figures
Vermont House approves expansion of access to Medicaid, Medicare
Advisor News
- The gap between policy awareness and investor conversations
- Younger investors turn to ‘finfluencers’
- Using digital retirement modeling to strengthen client understanding
- Fear of outliving money at a record high
- Cognitive decline is a growing threat to financial security
More Advisor NewsAnnuity News
- FACC and DOL enter stipulation to dismiss 2020 guidance lawsuit
- Zinnia’s Zahara policy admin system adds FIA chassis to product library
- The Standard and Ignite Partners Announce Launch of Thrive Plus Fixed Indexed Annuity
- CareScout Joins Ensight™ Intelligent Quote LTC & Life Marketplace
- Axonic Insurance Annuities, Built for Banks, Broker-Dealers and RIAs, Now Available through WealthVest.
More Annuity NewsHealth/Employee Benefits News
- AI is coming to Medicare claims
- Closing the Gig Gap: The Push for Specialized Insurance in the App-Based Economy | Insurify
- Insurers violating law requiring equal mental health care
- Health insurance for foster kids leave some without help
- Researchers at Northwestern University Feinberg School of Medicine Report Findings in Cataract Surgery (Evaluating Metrics Assessing Surgical Success in Patients Undergoing Cataract Surgery): Surgery – Cataract Surgery
More Health/Employee Benefits NewsLife Insurance News
- Best's Market Segment Report: AM Best Maintains Stable Outlook on France's Life Insurance Segment Despite Global Economic Uncertainty, Increased Geopolitical Risks and Domestic Political Instability
- Iowa widow claims premium-financed IUL plan jeopardized family farm
- Redefining life insurance for a new era of trust and protection
- Agam Capital and 1823 Partners Announce Strategic Partnership to Provide Life Insurers with an End-to-End Value Chain Solution
- AM Best Revises Outlooks to Positive for Western & Southern Financial Group, Inc. and Its Subsidiaries
More Life Insurance News