How Making Public Long-Term Care Insurance (Sort Of) Voluntary Created A Mess In Washington State

When Washington State legislators approved a public long-term care (LTC) insurance program in 2019, they made a last-minute change: Residents could opt out if they purchased private LTC coverage by Nov 1, 2021. Those who remained would pay an annual payroll tax surcharge of 0.58 percent starting next year and, in return, be eligible for a public LTC insurance benefit [...]