WA HB2720

Imposes a 58 cents per member per month assessment on health carriers, self-funded employer plans, and Taft-Hartley trust plans beginning January 1, 2027, with biennial adjustments based on inflation and population change (capped at 10% increase)

Creates the Behavioral Health Emergency Services Account to fund crisis stabilization units, 23-hour crisis relief centers, outpatient crisis services, and mobile rapid response crisis teams administered through behavioral health administrative services organizations

Excludes Medicaid managed care, Medicare Advantage, Medicare Part D prescription drug plans, and federal employee health benefit plans from the assessment

Prohibits funds from being used to reimburse services for Medicaid enrollees or services already billed and paid by insurers, ensuring no duplication of payments

Authorizes the Insurance Commissioner to collect assessments (with 150% civil penalty for non-payment after 90 days) and grants the Health Care Authority rulemaking authority to administer fund expenditures