Tag: CLASS Act

WA Cares Survives: A Victory for Public Long-Term Care Insurance in the US

Ben Jones
Long-Term Care Insurance in the US

Washington State Upholds Innovative Long-Term Care Insurance Program In a decisive move, voters in Washington State have chosen to uphold the state’s pioneering long-term care insurance program, WA Cares. This decision comes after the rejection of Measure 2124, a ballot initiative aimed at dismantling the program. WA Cares stands as the first of its kind in the United States, offering residents up to $36,500 in long-term care benefits, with adjustments for inflation. The program is funded through a payroll tax surcharge of 0.58 percent, impacting all workers in the state.…

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The return of the long-term care services funding debate

Julie Campbell

According to an online article in Forbes on March 14, following the end of the CLASS Act last year, there has been a great deal of concern about the way that the needs for long-term care by the elderly and disabled younger adults, will be financed in the United States. Federal officials and about two dozen states have now taken a fresh step to rectify this problem, working with insurance company executives, advocates, and researchers in a meeting that lasted almost six hours for an idea exchange. The group was…

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