BILL · 2025–26 SESSION · LATEST VERSION SSB 5808

SB 5808: Health carrier surpluses

Addressing funding for health insurance premium assistance.

Summary

  • Requires the Office of the Insurance Commissioner (OIC) to define excessive surplus as the amount of a nonprofit health carrier's surplus that is 100 times the minimum net worth requirements as reported on the carrier's annual statement for calendar year 2025.
  • Requires carriers to pay 10 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 Senate Bill Report (SB 5808), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedApr 8, 2025
  2. Out of committeeMar 2, 2026
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
June Robinson (D-38)
Introduced
April 8, 2025 in the Senate
Last action
March 10, 2026
Companion bill
HB 2073
Budget
Has a fiscal note
Versions
SB 5808, SSB 5808

AN ACT Relating to funding for health insurance premium assistance;

Sponsors

Prime sponsor: June Robinson (D-38)

Votes

No recorded floor votes.

History

  1. Senate Rules "X" file. (SSB 5808)
  2. Senate Rules "X" file.
  3. Placed on second reading by Rules Committee. (SSB 5808)
  4. Placed on second reading by Rules Committee.
  5. Passed to Rules Committee for second reading. (SSB 5808)
  6. Minority; without recommendation. (SSB 5808)
  7. Minority; do not pass. (SSB 5808)
  8. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5808)
  9. WM - Majority; 1st substitute bill be substituted, do pass.
  10. Minority; do not pass.
  11. Minority; without recommendation.
  12. Passed to Rules Committee for second reading.
  13. By resolution, reintroduced and retained in present status.
  14. First reading, referred to Ways & Means.

SB 5808 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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