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OLYMPIA, Wash. — The Office of the Insurance Commissioner (OIC) issued a new report today (PDF, 3.20MB) studying five potential policy options that could make health care more affordable in Washington state. The report, delivered to the state Legislature, uses pricing data to provide an economic and actuarial analysis of each policy option that estimates savings for consumers, organizations and the state’s economy.
“We’ve made great strides in getting people access to health coverage in Washington state, but it’s simply not enough,” said Insurance Commissioner Mike Kreidler. “Too many people have insurance they can’t afford to use, either because the deductibles are too high or medical costs are growing faster than inflation. This report looks carefully at several options we’ve talked about generally and provides the detailed analysis we’ve needed to help our policymakers find a path forward for consumers, employers and our health care system.”
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