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Bill > HB2901


WA HB2901

Providing health care premium assistance by imposing a tax on claims paid.


summary

Introduced
01/29/2020
In Committee
01/29/2020
Crossed Over
Passed
Dead
03/12/2020

Introduced Session

2019-2020 Regular Session

Bill Summary

AN ACT Relating to providing health care premium assistance by1imposing a tax on claims paid; adding a new section to chapter 48.142RCW; and adding new sections to chapter 41.05 RCW.3

AI Summary

This bill imposes a 1% tax on all paid claims by covered entities, such as health insurers and self-funded employers, in Washington state. The proceeds from this tax will be deposited into a premium assistance account and used to provide subsidies for health insurance premiums for eligible individuals with incomes between 133% and 500% of the federal poverty level who are enrolled in qualified health plans and not eligible for other government health programs. The bill establishes the application process and eligibility criteria for the premium assistance program, which is to be available starting in the 2022 plan year.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Executive session scheduled, but no action was taken in the House Committee on Finance at 8:00 AM. (on 03/02/2020)

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