Committee Passage Notice for 2355 SHB

Office of Financial Management

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SHB 2355, titled AN ACT Relating to establishment of an individual health insurance market claims-based reinsurance program, has been passed by the House Committee on Health Care & Wellness. The Office of Financial Management has identified this bill as requiring a ten-year projection of increased cost to the taxpayers or affected feepayers.

Ten-year projection:

Fiscal
Year

   Health Reinsurance

Program Assessment

   Third-Party Administrator Registration and Renewal Fees

Total

 

2018

2019

$    200,000,000

$   40,000

$    200,040,000

2020

160,000,000

40,000

$    160,040,000

2021

160,000,000

40,000

$    160,040,000

2022

160,000,000

40,000

$    160,040,000

2023

160,000,000

40,000

$    160,040,000

2024

160,000,000

40,000

$    160,040,000

2025

160,000,000

40,000

$    160,040,000

2026

160,000,000

40,000

$    160,040,000

2027

160,000,000

40,000

$    160,040,000

 

Total:

$ 1,480,000,000

$ 360,000

$ 1,480,360,000


The following legislators voted do pass:

Representative Eileen Cody
Democrat
Seattle
(360) 786-7978
Eileen.Cody@leg.wa.gov

Representative Richard DeBolt
Republican
Chehalis
(360) 786-7896
Richard.DeBolt@leg.wa.gov

Representative Judy Clibborn
Democrat
Mercer Island
(360) 786-7926
Judy.Clibborn@leg.wa.gov

Representative Joe Schmick
Republican
Colfax
(360) 786-7844
Joe.Schmick@leg.wa.gov

Representative Jacquelin Maycumber
Republican
Republic
(360) 786-7908
MAYCUMBE_JA@leg.wa.gov

Representative Marcus Riccelli
Democrat
Spokane
(360) 786-7888
Marcus.Riccelli@leg.wa.gov

Representative Paul Harris
Republican
Vancouver
(360) 786-7976
Paul.Harris@leg.wa.gov

Representative Steve Tharinger
Democrat
Sequim
(360) 786-7904
Steve.Tharinger@leg.wa.gov

Representative Laurie Jinkins
Democrat
Tacoma
(360) 786-7930
Laurie.Jinkins@leg.wa.gov

Representative Drew MacEwen
Republican
Union
(360) 786-7902
Drew.MacEwen@leg.wa.gov

Representative Monica Jurado Stonier
Democrat
Vancouver
(360) 786-7872
Monica.Stonier@leg.wa.gov

Representative June Robinson
Democrat
Everett
(360) 786-7864
June.Robinson@leg.wa.gov

Representative Nicole Macri
Democrat
Seattle
(360) 786-7826
Nicole.Macri@leg.wa.gov

Representative Vandana Slatter
Democrat
Bellevue
(360) 786-7936
Vandana.Slatter@leg.wa.gov


The following legislators voted to refer the bill without recommendation:

Representative Jay Rodne
Republican
Snoqualmie
(360) 786-7852
Jay.Rodne@leg.wa.gov

Representative Paul Graves
Republican
Fall City
(360) 786-7876
Paul.Graves@leg.wa.gov


Not voting:

Representative Michelle Caldier
Republican
Port Orchard
(360) 786-7802
Michelle.Caldier@leg.wa.gov



Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/

Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp