Health Benefit Exchange

From the 2024 DOR Tax Exemption Study

82.04.323 - Health Benefit Exchange Description Amounts received by the Washington Health Benefit Exchange (WHBE) are not subject to B&O taxes. Established as a private-public partnership under RCW 43.71, the WHBE operates the online marketplace that provides access to qualified health insurance plans. Amounts received by the WHBE include federal grants, federal premium tax subsidies, and credits, charges to health carriers, and enrollee-paid premiums. Purpose To reduce the WHBE’s operating costs. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes CTI CTI CTI CTI Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 CTI CTI CTI Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions This exemption impacts fewer than three taxpayers; any impacts are confidential. Data Sources Washington Health Benefit Exchange, Revenue data Additional Additional Information Information Category: Business Year Enacted: 2013 Primary Beneficiaries: Washington Health Benefit Exchange Taxpayer Count: Fewer than three Pr