Long term care helps people who need assistance with eating, bathing, dressing, managing medications, and other activities of daily life. You may receive care at a facility or in your own home — with WA Cares you can even receive paid care from your own family.

Long term care helps people who need assistance with eating, bathing, dressing, managing medications, and other activities of daily life. You may receive care at a facility or in your own home — with WA Cares you can even receive paid care from your own family.

Washington is taking the worry out of long term care

The WA Cares Fund is an affordable, convenient way to help all workers

In 2019, Washington established a new fund to make long term care affordable and accessible.

Right now, only about seven percent of Washingtonians have private long term care insurance. Annual premiums are expensive, and you’re required to keep paying even when you’re not earning a salary. With the new WA Cares Fund we’ll all pay into the fund when we can afford it, and get access to the fund when we need it.

Beginning in January 2022, workers in Washington will contribute 58 cents per 100 dollars of earnings. Then in January 2025, everyone who qualifies will be eligible for up to $36,500 (adjusted to inflation) in long term care support.

Ben Veghte, director of WA Cares Fund for the Washington State Department of Social and Health Services, says the program is another pillar in inclusive healthcare.

“This program gives Washingtonians the opportunity to age with dignity and independence. Being unprotected against the risk of needing long term care affects us individually and also affects our spouse and our children,” he says. “The WA Cares Fund is a much more efficient, family friendly way to deal with this risk — we all pay a little bit over time, and have access to care when we need it.”

Washington long term care premiums

Under the WA Cares Fund you’ll only pay premiums when you’re working. Private insurance premiums are owed until the claim is made, which means you could be paying premiums for decades into your retirement. With the WA Cares Fund you won’t have to pay when you’re between jobs or once you’ve retired — as long as you’ve contributed enough, you’ll be able to count on the fund for long term care support.

With private insurance, premiums are often more expensive for women and people with pre-existing conditions. The WA Cares benefit will be more affordable than most corporate coverage — you’ll pay up to 58 cents per 100 dollars of earnings, or about $24 a month if you earn $50,000 a year.

Find answers to frequently asked questions at WALongTermCareOptions.info/faq.

Find answers to frequently asked questions about the Washington Long Term Care Fund at WALongTermCareOptions.info/faq.

Find answers to frequently asked questions about the Washington Long Term Care Fund at WALongTermCareOptions.info/faq.

Opting out, or using both

You may request an exemption from the WA Cares Fund before Dec. 31, 2022, but be aware: you can never re-enroll once you’ve opted out. If you lose your employer’s insurance or your private insurance company goes bankrupt, you won’t be able to re-enroll later. You’re welcome to add extra private insurance coverage while still enrolled in the WA Cares Fund.

“I’ve heard stories from people who faithfully paid for long term care insurance but lost coverage when they could not continue paying when premiums increased,” says Cathy McCaul with AARP Washington. “WA Cares is a reliable and affordable benefit for most working Washingtonians. It acts as a safety net for when a person needs coverage in the future.”

Learn more at WALongTermCareOptions.info.


Talk to us

Please share your story tips by emailing editor@auburn-reporter.com.

To share your opinion for publication, submit a letter through our website https://www.auburn-reporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 300 words or less.

The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

Sound Publishing, Inc. does not accept liability for any loss or damages caused by the use of any products, nor do we endorse any products posted in our Marketplace.

More in Local Marketplace

The civic-minded specialty retailer BoxLunch opened on June 25 at The Outlet Collection | Seattle.
The Outlet Collection | Seattle welcomes BoxLunch as its newest addition

Civic-minded specialty retailer offers curated collection of licensed and non-licensed merchandise

Guardian Roofing's HALO Project gives free roofs to those in need.
Local roofing company wants to cover the community with kindness

Since 2018 this business has been building roofs for those in need

Connecting more people to the Internet and the technology they need to participate and excel in an increasingly digital world has been a core focus for Comcast.
Helping Auburn Residents Connect to the Transformative

Power of the Internet Both at Home and On-the-Go

Pamela Williams, King County Regional Long Term Care Ombudsman. The Washington State Long-Term Care Ombudsman Program depends on local citizen volunteers to visit, resolve complaints, and advocate for the rights of residents.
Volunteering is a Win-Win

It’s been two years since the COVID deadly outbreak. No population was… Continue reading

Dick’s Warehouse Sale is now open at The Outlet Collection | Seattle. You’ll find savings of up to 70 percent on all the same major brands carried at Dick’s Sporting Goods stores, and a staggering selection that changes every week.
The largest sporting goods retailer in Auburn is now open!

Dick’s Warehouse Sale opened in The Outlet Collection | Seattle in January 2022

The Outlet Collection | Seattle is honoring Black History Month with a display all month long, and a celebration on Feb. 26!
‘Black Health and Wellness’ theme for Feb. 26 celebration in Auburn

The Outlet Collection | Seattle celebrating Black History Month with displays, day of celebration

John M, president of the resident council at GenCare Federal Way, loves to partake of the weekly Social Hours and the weekly entertainment at the residence.
Love where you live: Federal Way retirement home is anything but retiring

There is so much more to retirement living than meets the eye!… Continue reading

Carly Willis of Antique Marketplace
Blast from the past: Auburn antique mall unites classic style under one roof

Sometimes what you’re looking for just can’t be found on the store… Continue reading

Clinton Taylor of Your Money Matters
Auburn not-for-profit empowers youth through money management and mentorship

Young people starting out can face many challenges. Job markets are tougher… Continue reading

Clinton Taylor of Your Money Matters
Auburn not-for-profit empowers youth through money management and mentorship

Young people starting out can face many challenges. Job markets are tougher… Continue reading

Comcast
Small, Minority-Owned Businesses in Auburn Can Now Apply For $10,000 Relief Grants Through Comcast RISE

Independent small businesses in Washington are the backbone of our communities, and… Continue reading

Washington
A better plan for Washington, that takes the burden off those we love

Pay into the WA Cares Fund when you’re working, save when you’re not, and access care when you need it