UW Retirement Association

May 21, 2019

Long Term Care—State of Washington

A groundbreaking program in Washington is geared to provide some financial relief for people who need long-term care and their caregivers. Washington’s Long Term Care Trust Act, the first of its kind in the nation, passed the legislature in 2019 with bipartisan support.After state residents have paid into a state-managed fund for ten years (three if they experience a catastrophic disabling event) at a rate of $.58 for every $100 of income they earn, they’ll be able to tap $100 a day up to a lifetime cap of $36,500 when they need help with daily activities such as eating, bathing, or dressing.The money can cover a home health aide to provide periodic support and care, or it could be used to install an accessible shower in someone’s home or a ramp so they can get in and out of their front door more easily. It could cover transportation costs to and from medical appointments or could pay to have food delivered to someone who is homebound. Funds can also be used for long-term care facilities such as assisted living, nursing homes and adult family homes.The program will provide relief not just to the elderly but to anyone with disabilities or long-term care needs. More information is available in an article from the New York Times.When the Long Term Care Trust Act was going through the legislative process it was the subject of a UWRA forum.