SB5233 establishes a Washington Health Trust to provide universal health coverage for all residents.

SB5233 creates the Washington Health Trust to offer essential health benefits to all Washington residents. Employers must contribute to employee health care expenditures, and residents may pay an employment investment for coverage. The bill outlines provisions for employer contributions, employee deductions, and capital gains taxes to fund the trust. It also details the responsibilities of the board governing the trust, including establishing a comprehensive benefits package, negotiating reimbursement rates, and ensuring equitable coverage.

SB5233 establishes a Washington Health Trust to provide universal health coverage for all residents.

SB5233 creates the Washington Health Trust to offer essential health benefits to all Washington residents. Employers must contribute to employee health care expenditures, and residents may pay an employment investment for coverage. The bill outlines provisions for employer contributions, employee deductions, and capital gains taxes to fund the trust. It also details the responsibilities of the board governing the trust, including establishing a comprehensive benefits package, negotiating reimbursement rates, and ensuring equitable coverage.