South Carolina H 3025: Geriatric Physician Loan Forgiveness Program

Bill Text

2025-2026 Bill 3025 Text of Previous Version (Dec. 06, 2024) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3025

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING 
SECTION 43-21-200, RELATING TO THE GERIATRIC PHYSICIAN LOAN FORGIVENESS 
PROGRAM, SO AS TO EXPAND THE POOL OF ELIGIBLE HEALTH PROFESSIONALS AND TO 
INCREASE THE TOTAL AMOUNT OF REIMBURSABLE LOANS.

Be it enacted by the 
General Assembly of the State of South Carolina:

SECTION 1. Section 43-21-200(C) of the S.C. Code is amended to 
read:

 (C)(1) A physician accepted for the 
program shall execute a contract with the department in which the physician 
agrees:

 (a) 
to practice in this State for no fewer than five consecutive years immediately 
following completion of his or her fellowship;

 (b) 
to accept Medicare and Medicaid patients;

 (c) 
to accept reimbursement or contractual binding rates; and

 (d) 
not to discriminate against patients based on the ability to pay.

 (2) 
Upon execution of the contract, the department shall reimburse student loan 
payments made by the physician during the last completed calendar quarter. No 
more than four physicians or other qualified health 
professionals a year may participate in the program unless sufficient 
funding is available to reimburse, in accordance with this section, more than 
four physicians a year. The total amount that may be reimbursed to one 
physician is thirty-fivefifty 
thousand dollars multiplied by the number of years of the fellowship completed, 
prorated for periods less than one year if awarded to a 
physician participating in a fellowship program.

SECTION 2. This act takes effect upon approval 
by the Governor.

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This web page was last updated on December 06, 2024 at 09:51 AM