Gov. Nathan Deal has signed legislation that will allow the sale of insurance across state lines.
Deal signed the measure Friday.
Supporters contend the bill would lower insurance costs by introducing more competition. Opponents say it paves the way for watered-down policies that don’t require coverage for crucial procedures that Georgia policies mandate.
Georgia law mandates that all policies cover a number of treatments and services, such as breast cancer screenings and visits to keep children healthy.
The new law permits insurance companies with licenses to operate in Georgia to offer life and health insurance policies sold in other states.
Topics Georgia
Was this article valuable?
Here are more articles you may enjoy.
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 

