Background and Purpose
The Washington State Health Insurance Pool (WSHIP) is an independent non-profit entity established by the Washington State Legislature in 1987 to serve as the state’s high-risk pool. WSHIP is not a public agency or state-funded program. It is funded solely through premiums and assessments to Member Plans (carriers).
WSHIP plays an important role in fostering market stabilization and averting disproportional impacts to Washington communities caring for high-risk residents. As the state’s high risk, WSHIP has two separate health insurance programs - Non-Medicare coverage for high risk individuals (enrolled before 2014) and Medicare supplemental coverage for high risk Medicare enrollees without access to a supplement or Medicare Advantage plan.
WSHIP is also the safety net for the state’s individual health insurance market in the event coverage is not offered in all counties (coverage is currently offered in all counties).