Loading chat...
WA SB5953
Bill
Status
Introduced
1/12/2026
Primary Sponsor
Vandana Slatter
Click for details
AI Summary
- Health plans issued or renewed on or after January 1, 2027 must maintain a medical loss ratio of at least 90 percent
- Medical loss ratio is defined by federal regulation (45 C.F.R. Sec. 158.221), which measures the percentage of premium revenue spent on clinical services and quality improvement versus administrative costs
- The Insurance Commissioner is granted authority to adopt rules necessary to implement the requirement
- Adds a new section to chapter 48.43 RCW governing health plan standards
Legislative Description
Establishing a medical loss ratio of at least 90 percent for health plans.
Last Action
First reading, referred to Health & Long-Term Care.
1/12/2026
Committee Referrals
Health & Long-term Care1/12/2026
Full Bill Text
No bill text available