On April 21, Washington State Gov. Jay Inslee signed into law the Long-Term Services and Supports (LTSS) Trust Act, creating the WA Cares Fund and making Washington the first state in the country to adopt a mandatory, public, state-run long-term care (LTC) insurance program for workers. Below are a few key highlights of the new law, with more details following:
- The law imposes a new employee-paid premium of $0.58 per $100 of earnings.
- There is no employer-paid portion of the premium.
- Employers are responsible for collecting, remitting, and reporting these premiums, and employers will face penalties if they do not.
