By Scott A. Olson, CLTC

In 2019, Washington became the first state in the country to create a government-run long-term care insurance program. The program, newly labeled the “WA Cares Fund,” will be financed through a payroll deduction of 58 cents for every $100 of earned wages.

Scott Olson

Washingtonians who need long-term care will be able to tap the program for a lifetime maximum benefit of $36,500, adjusted for inflation. The benefits can be used to pay for home care, facility care, and even care provided by a relative. The goal of the program is to slow the growth of the state’s Medicaid budget while also giving Washingtonians more care choices.

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