The Washington Cost Bill is a piece of legislation that was introduced in the Washington State Legislature in 2020. It is designed to reduce the cost of health care and increase access to health care services for all Washington State residents. The bill includes provisions to reduce the cost of medical care by capping provider reimbursement rates, increasing competition among health care providers, and providing financial assistance to low-income Washington State residents. The Washington Cost Bill has two main sections: The Washington State Health Care Cost Reduction Act (ACCRA) and the Washington State Insurance Market Stabilization Act (IMA). The ACCRA includes provisions to reduce the cost of medical care by capping provider reimbursement rates, increasing competition among health care providers, and providing financial assistance to low-income Washington State residents. The IMA includes provisions to stabilize insurance premiums and make insurance coverage more affordable for all Washington State residents. The Washington Cost Bill is intended to help make health care more affordable and accessible for all Washington State residents. It is currently being considered by the Washington State Legislature.
Washington Cost Bill
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