Major win for Georgia's two U.S. senators as reconciliation bill includes Medicaid expansion - 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
November 5, 2021 Newswires
Share
Share
Post
Email

Major win for Georgia's two U.S. senators as reconciliation bill includes Medicaid expansion

Northeast Georgian, The (Cornelia, GA)

President Joe Biden's revised – but still massive – infrastructure spending bill includes several major wins for Georgia's two Democratic U.S. senators.

The $1.75 trillion reconciliation bill was announced late Thursday morning after days of feverish negotiations among Congressional Democrats.

Notably, according to the White House, tax credits under the Affordable Care Act will be extended through 2025. The White House said experts predict more than 3 million people who would otherwise be uninsured will gain health insurance. The bill also makes those tax credits available through 2025 to 4 million uninsured people in uncovered states.

Both U.S. Sens. Jon Ossoff and Raphael Warnock have been vocal proponents of Medicaid expansion in Georgia. Biden's Build Back Better proposal includes a provision to close the Medicaid coverage gap in Georgia and the 11 other states where states have refused to expand Medicaid.

Warnock's office said the expansion will provide health insurance to about 646,000 Georgians who make too much money to qualify for traditional Medicaid coverage but make too little money to afford coverage on the marketplace.

According to the White House, here are some of the items included in the reconciliation bill now being debated in Congress:

• Universal preschool for all 3-and 4-year-olds. This expands access to free high-quality preschool for more than 6 million children. This is a long-term program, with funding for six years.

• Limiting of child care costs for families to no more than 7% of income, for families earning up to 250% of state median income. It enables states to expand access to about 20 million children. Parents must be working, seeking work, in training or taking care of a serious health issue. This is a long-term program, with funding for six years.

• Extend for one year the current expanded child tax credit for more than 35 million American households, with monthly payments for households earning up to $150,000 per year. Make refundability of the Child Tax Credit permanent.

• Clean energy tax credits ($320 billion): Ten-year expanded tax credits for utility-scale and residential clean energy, transmission and storage, clean passenger and commercial vehicles, and clean energy manufacturing.

• Resilience investments ($105 billion): Investments and incentives to address extreme weather (wildfires, droughts, and hurricanes, including in forestry, wetlands, and agriculture), legacy pollution in communities, and a Civilian Climate Corps.

• I nvestments a nd i ncentives for clean energy technology, manufacturing, and supply chains ($110 billion): Targeted incentives to spur new domestic supply chains and technologies, like solar, batteries, and advanced materials, while boosting the competitiveness of existing industries, like steel, cement, and aluminum.

• Clean energy procurement ($20 billion): Provide incentives for government to be purchaser of next-gen technologies, including long-duration storage, small modular reactors, and clean construction materials.

• Allow Medicare to cover the cost of hearing.

• Housing: $150 billion investment in housing affordability and reducing price pressures, including in rural areas. Funds go toward building more than 1 million new affordable rental and single-family homes, rental and down payment assistance, and public housing.

• Reduce costs and expand access to education beyond high school by raising the maximum Pell grant, providing support to Historically Black Colleges & Universities, Hispanic Serving Institutions, Minority Serving Institutions, and Tribal Colleges and Universities, and investing in workforce development, including community college workforce programs, sector-based training, and apprenticeships.

• An earned income tax credit for 17 million low-wage workers.

The White House continues stressing the plan is more than fully paid for by asking the wealthiest Americans and most profitable corporations to pay their fair share. It does not raise taxes on small business and anyone making less than $400,000 per year.

Tim Darnell is a reporter for the Capitol Beat News Service, which is funded through the Georgia Press Education Foundation.

Older

Realtors: FEMA's new flood insurance looks promising

Newer

Index-based Agricultural Insurance Market May See a Big Move |Zurich (RCIS), Chubb, QBE

Advisor News

  • Gen X and millennials seek new retirement model
  • Are families ready for the costs of aging at home?
  • When a client moves, their insurance plan needs to move, too
  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
More Advisor News

Annuity News

  • A client remarried: Does their annuity still fit?
  • Gen X and millennials seek new retirement model
  • Global Atlantic names Dan Farrelly head of IMO and IBD channels
  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
More Annuity News

Health/Employee Benefits News

  • As immigrant Medicaid cuts take effect, some in WA can keep their coverage
  • Flawed logic won't fix care
  • County budget may tap reserves again Dane County budget plan would reduce health insurance costs, cut jobs
  • CURRENT AND HISTORICAL PUBLIC OPINION ON MEDICARE-FOR-ALL AND OTHER NATIONAL HEALTH PLAN PROPOSALS
  • NEED HELP ENROLLING IN MEDICARE? HERE'S A GUIDE TO TERMS YOU'LL ENCOUNTER
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • OWINGS MILLS INSURANCE AGENT PLEADS GUILTY TO STEALING MORE THAN $100,000 IN LIFE INSURANCE COMMISSIONS
  • Symetra Named a Fortune Best Workplace in Financial Services & Insurance™ for Fourth Consecutive Year
  • 1 in 3 U.S. workers do not have a legacy plan in place
  • MassMutual Enhances Permanent Life Insurance Portfolio With Launch of Whole Life Guard 10 Pay and Whole Life 95
  • Study Results from Cornell University in the Area of Insurance Reported (Regulatory Competition In the Us Life Insurance Industry): Insurance
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.