![](https://www.nwpb.org/wp-content/uploads/2018/01/AP17040822726629.jpg)
Washington Insurance Commissioner Wants New Law To Stabilize Health Market
Listen
Washington’s Insurance Commissioner proposed legislation that would establish a so called “reinsurance” program he said will provide stability in the market, and lower individual premium costs.
The idea behind reinsurance is to allow insurance companies to remain solvent, by giving them partial reimbursement for high cost claims that exceed a certain threshold, like cancer cases.
Insurance Commissioner Mike Kreidler said the federal government was providing reinsurance to insurance companies providing coverage under the Affordable Care Act, until about a year ago. After it was discontinued, premium prices crept up.
“It was huge increase, we saw a jump of at least 10 percent in premiums, and that’s what we’re trying to recapture right now to get that lowered back down again, after the reinsurance program went away” Kreidler said.
Now, bills have been proposed in both the house and senate to institute a state reinsurance program, at a cost of $200 million.
“Now we are going to begin seeking a waiver from the federal government, which could cover 25 percent of that cost, something like $40 million a year would come from the federal government from a waiver program” he said.
At a hearing in the Senate Health and Long Term Care committee Tuesday, Patrick Conner of the National Federation of Independent Business said he worried that the plan will provide no real guarantees that health insurance will remain stable in the state.
“We get no guarantee that we will be fully covered in every county; no guarantee that health insurance costs will go down, the only guarantee is higher costs on the people this legislation claims to help” Conner said.
Kreidler believes the plan will lower average premiums by 10 percent, and ensure that every county in the state will have insurance providers.
Copyright 2018 Spokane Public Radio
Related Stories:
![](https://www.nwpb.org/wp-content/uploads/2024/08/CHAS-latah-500x500.jpg)
Health care professionals say Idaho law leaves gaps in care for minors
If you’re under 18 in Idaho, a new state law says you can no longer get any kind of health care outside of emergency treatment without consent from a parent. NWPB’s Rachel Sun reports.
![The outside of the nonprofit Blue Mountain Heart to Heart in Walla Walla. The organization serves people with chronic illnesses, including substance use disorder. (Credit: Blue Mountain Heart to Heart)](https://www.nwpb.org/wp-content/uploads/2024/07/Blue-Mountain-Heart-to-Heart-500x500.jpg)
Medication first, and then a whole-health approach
A couple of blocks off U.S. Route 12 in Walla Walla, Blue Mountain Heart to Heart has been treating people with substance use disorder for over a decade. But, for years, the nonprofit was unable to quickly offer a proven treatment for opioid use disorder: medication-assisted treatment.
Staffers would have to arrange for patients to get an assessment with a trained substance use professional elsewhere to start the medication. Getting that assessment, and then, getting started on the medication, buprenorphine, used to take weeks.
![A group of health workers and National Guard members pose for a group photo outdoors.](https://www.nwpb.org/wp-content/uploads/2024/05/April2024-500x500.jpeg)
Nimiipuu Health, National Guard hosting two free health clinics this month
People living in north Idaho will have access to free health clinics this month.