New insurance law takes effect July 1

SAVANNAH, GA (WTOC) - Insurance companies licensed in Georgia will soon be able to sell policies offered in other states that provide less coverage.

The new law authorizes the sale of insurance policies across state lines for individuals seeking coverage and experts say it's among the first law of its kind in the country.

Critics say it opens the door for watered-down policies offering far less coverage than Georgia requires for things like diabetes, mammograms and well-child visits.

Supporters say it could offer affordable choices for the 20 percent of Georgians who are uninsured. The new law is one of dozens set to take effect in Georgia on Friday, which is the start of the fiscal year.

Copyright 2011 WTOC. All rights reserved.