Bill > HB422

This bill amends Georgia's state employee health insurance regulations to require the inclusion of high deductible health plans (HDHPs) in the state's health insurance offerings by January 1, 2028. A high deductible health plan is a type of health insurance plan with lower premiums but higher deductibles, as defined by the Internal Revenue Code. The bill mandates that at least two HDHPs be offered by different insurance providers, with each provider having an affiliated health savings account (HSA) custodian, and these plans must be cost-neutral. By January 1, 2026, the bill will ensure that covered state employees enrolled in HDHPs can make pre-tax contributions to HSAs through payroll deductions. The bill also authorizes state accounting offices and governmental entities to process these voluntary HSA contributions. Additionally, the bill encourages other governmental entities, such as local school boards, to provide similar HSA contribution options for employees not strictly defined as "covered employees" under the law. The goal is to provide state employees with more flexible and potentially cost-effective health insurance and savings options.

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https://www.legis.ga.gov/legislation/70267