Company Profile
Washington Health Benefit Exchange
Company Overview
As part of national health reform, the Washington Health Benefit Exchange is currently working to create Washington Healthplanfinder – an easily accessible, online marketplace for individuals, families and small businesses in Washington State to compare and enroll in qualified health insurance plans. This one-stop shop will enable residents to:
•Make apples-to-apples comparison between Qualified Health Plans (QHP).
•Help determine eligibility for tax credits or less expensive co-pays and deductibles.
•Receive personal assistance finding, selecting and enrolling in the right health plan to meet their needs.
Company History
The Exchange was created in state statute in 2011 (SSB 5445) and was established as a “public-private partnership” separate and distinct from the state. The Exchange complies with open public meetings and public disclosure guidelines, but is not subject to other laws that govern state agencies. In 2012, legislation was passed (ESSHB 2319) that established market rules, requirements for Qualified Health Plans, essential health benefits and more. The Exchange initially started in the state’s Health Care Authority (HCA) and has transitioned to an independent organization.