Washington SB5953 sets a minimum 90 percent medical loss ratio for health plans starting January 1, 2027.
Washington SB5953 amends state law to establish a minimum medical loss ratio of 90 percent for health plans issued or renewed on or after January 1, 2027. The medical loss ratio is defined as per 45 C.F.R. Sec. 158.221 (2025) as of January 1, 2026. The commissioner is authorized to adopt necessary rules to implement this change.
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