The beginning of this (past) season I did what CD is asking about, it worked.
It worked because I use black bottom paint, the brown scum stain doesn't appear same as on white hull. More importantly, since I'm using ablative paint, it's an easy scrub to clear the paint off, do it once a month. Not the case with the gelcoat which needs compounding.
I just sand and paint, no primers. My paint line now is about 2 to 2.5 inches above water line, depending on fuel load.
Never used any epoxy sealers, and never had a blister on a Grady.
I do the same on paint chips when they go to hull.