// Exemption

Health insurance by Washington State Pool

Insurance Premiums Tax exemption · RCW 48.14.022 · enacted 1987

All exemptions & deductions

Details

Citation
RCW 48.14.022
Study reference
E1282-1
Tax type
Insurance Premiums Tax
Preference type
Exemption
Category
Business
Year enacted
1987
End date
None scheduled

Fiscal impact (2024 study estimates)

Revenue if repealed — local ($M)
FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
Revenue if repealed — state ($M)
FY 2024: 0 · FY 2025: 0.391 · FY 2026: 0.435 · FY 2027: 0.443
Taxpayer savings — local ($M)
FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
Taxpayer savings — state ($M)
FY 2024: 0.418 · FY 2025: 0.427 · FY 2026: 0.435 · FY 2027: 0.443

CTI = confidential taxpayer information · D = unable to disclose

From the 2024 DOR Tax Exemption Study

Deductions. For periods prior to July 1, 2006, a B&O tax deduction was provided by RCW 82.04.4329 to a member of the Washington state health insurance pool for assessments paid by that member to the pool. This deduction did not apply to a member who had deducted such assessments from the insurance premiums tax, RCW 48.14.020 .

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This is reference data from the 2024 study — not advice, and 2025–26 legislation may have changed it. Three ways to go deeper: