What’s Next With State Mandated LTC Programs?

The WA Cares Fund was the first state-mandated and publicly-funded LTC insurance program in the nation to be passed – though implementation is delayed until July 1, 2023.

Now we find other states looking to follow with similar programs that would provide working residents an opportunity to vest into some level of LTC benefits. Will these states create similar programs like Washington, or go a different direction? And will other states allow residents who already own long-term care insurance to opt out of the program?

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