H4383

Establishes a Medicaid Stability Fund and expands Medicaid eligibility in South Carolina.

The South Carolina Medicaid Protection and Expansion Act creates a Medicaid Stability Fund to offset federal Medicaid funding reductions. The fund can receive revenue from various sources, including state general fund appropriations and budget surpluses. The Department of Health and Human Services must partner with hospitals, health centers, universities, and the South Carolina Hospital Association to conduct a biannual impact assessment. The assessment evaluates coverage gaps, uncompensated care costs, and the economic impact of Medicaid expenditures.