The WA Cares Fund is a public long-term care insurance program managed by the Washington State Department of Social and Health Services, in collaboration with the Washington State Health Care Authority and the Employment Security Department. It guarantees coverage for all workers in Washington, regardless of pre-existing conditions, and is the first of its kind in the nation to provide an affordable way for the middle class to access long-term care without depleting their life savings.
The fund aims to address the need for care services and support as people age, offering flexibility in choosing covered services and supports that best meet individual care needs. It provides resources for family caregivers, who often face financial burdens when reducing work hours or leaving the workforce, and allows individuals to keep their savings by eliminating the need to spend down assets to qualify for Medicaid. By contributing a small amount from each paycheck, Washingtonians can have peace of mind knowing that long-term care benefits will be available when they are needed.
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