Small business owners who have high-deductible health insurance plans and offer health savings accounts (HSAs) to their employees now will qualify for some tax breaks under a new Georgia law.

Under the new legislation, signed into law last week, an employer with 50 or fewer employees will receive an annual $250 tax credit for each worker enrolled in the plan. To qualify for the credit, businesses will have to spend at least $250 per employee each year.

The law also will extend tax breaks to insurers, and exempt them from paying premium taxes on plans with HSAs.

Source: Business Insurance.