Investing for Impact Resource Guide

Lowering Costs for Georgia Families: Thanks to legislation in President Biden’s Investing in America agenda, Georgia residents are saving money on their health care premiums and prescription drugs, high-speed internet, and home energy costs. In fact: Over 1,643,000 Georgia residents with Medicare will benefit from the $2,000 yearly cap on out- of-pocket prescription drug costs, a $35 monthly cap per insulin prescription, and free vaccines. 879,000 individuals in Georgia signed up for health insurance through the ACA Marketplaces during the Open Enrollment Period for 2023 and will benefit from up to thousands of dollars per year in savings from lower health care premiums. The average new homeowner in Georgia will save $327 annually -- or 15.1% on their utility bills -- if state and local governments use new grants to adopt the latest building energy codes. Georgia residents will be eligible to get 30% off solar panels , battery storage systems, heating and cooling upgrades, and weatherization, which can help them save hundreds of dollars every year on their energy bills. Over 569,000 Georgia households are able to access affordable high-speed internet through the Affordable Connectivity Program investments made as part of the President’s Investing in America agenda.

As of March 2023

Made with FlippingBook Online newsletter maker