There’s a recent major development in the insurance world you may not have heard of yet: Washington just became the first state in the nation to develop legislation that makes long-term care affordable for its workers. Called “WA Cares,” this program also impacts companies outside of Washington that have employees in the state.
Washington employees will contribute to the WA Cares fund, essentially a payroll tax, through which they can access long-term care when they need it. Here’s how it works:
