Several new Georgia state laws become law as we ring in the new year today. Among these new laws is one which will eliminate both state and local taxes for Georgia health insurers who offer high-deductible health insurance plans. The tax break will save insurance companies an estimated $146 Million over 5 years. The idea behind the law is that it will ultimately save the Georgia Government money as a proliferation of high-deductible health plans will provide coverage for the estimated 1.7million Georgia residents who lack health insurance and end up costing the state money, however critics of the plan question whether this law will do anything to reduce the number of uninsured.
More information about Georgia health insurance.