Bill > HB87

This bill requires that for any health insurance policy issued, delivered, or renewed in Georgia, the declarations page and premium billing notice must clearly show specific financial details. These details include the policy's deductible as both a dollar amount and a percentage, the annual premium amount, state insurance premium tax as a dollar amount and percentage, county and municipal taxes on insurance companies also as a dollar amount and percentage, and any other fees, charges, or surcharges. This change aims to increase transparency for policyholders regarding the costs associated with their insurance. The bill will take effect on January 1, 2027, and will apply to policies issued or renewed on or after that date.