SHB 2073: Addressing funding for health insurance premium assistance.

What this bill does

Requires each nonprofit health carrier to annually report the carrier's surplus amounts to the Office of the Insurance Commissioner (OIC) for determination of whether the carrier's surplus is excessive. Requires carriers with a surplus greater than 600 percent of the carrier's Risk-Based Capital requirements to pay 3 percent of the excessive surplus to the OIC for deposit into the State Health Care Affordability Account for the Cascade Care Savings program.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Track SHB 2073 on OlympiaTrack

A free account adds the full hearing and amendment record, who testified, roll calls by member, and a list to track it on. Paid plans add a plain-English AI summary and an alert if its subject comes back next session.

Other bills sponsored by Parshley

• SHB 1186: Expanding the situations in which medications can be dispensed or delivered from hospitals and health care entities.
• SHB 1394: Concerning the retention of hospital medical records.
• HB 1511: Concerning Washington state ferries captains.
• SHB 1546: Concerning general supervision of diagnostic radiologic technologists, therapeutic radiologic technologists, and magnetic resonance imaging technologists by licensed physicians.
• HB 1573: Revising the period in which the oath of office must be taken for elective offices of counties, cities, towns, and special purpose districts.