Gov. Sonny Perdue said Wednesday he is backing legislation that will give Georgians a tax break for the premiums they pay on high-deductible health insurance plans.
The proposal also would eliminate a premium tax paid on such policies and give small businesses tax credits for enrolling employees in high-deductible plans. And it would allow consumers who buy such plans to get rebates from insurers for “behavior modifications,” such as quitting smoking or lowering their blood pressure.
High-deductible health plans generally offer coverage with annual deductions of $1,000 to $5,000 for individuals and $2,000 to $10,000 for families. They typically are coupled with health-savings accounts, which allow people to sock money away tax-free to cover health care costs.