It’s Official: Washington Will Be The First State With Public Long-Term Care Insurance
Washington Governor Jay Inslee has signed into law the nation’s first public state-operated long-term care insurance program. The Long-Term Care Trust Act will pay benefits of up to $36,500 for those who need assistance with regular daily activities such as eating, bathing, or help with medications. The benefits initially will be funded with a payroll tax of 0.58 percent on [...]