Have you heard of the Washington Cares Fund? If you haven't, it's the first state run and funded Long-Term Services & Supports program. Originally signed in 2019 by Governor Jay Inslee, as of January 1st, 2025, Washington State Residents who need long-term care may be able to claim benefits (based on needing help with 3 of 10 ADLs) from the state and receive a benefit of up to $100 per day up to a maximum benefit of $36,500. Undoubtedly for many families these benefits are going to welcomed and helpful. But, of course, someone has to pay for the program.
Recent posts by LTCI Partners
3 min read
The Private LTC Insurance Option for Washington State Workers
Topics: Long-Term Care LTC/Extended Care-State Initiatives Tax Benefits
How to Have a Meaningful LTC Conversation with Clients (Podcast)
Joy Loverde is the Author of "Who will take of me when I'm Old?" and the best seller "The Complete Eldercare Planner". In this 10-minute discussion with Steve Cain of LTCI Partners, Joy talks about what to say and what to avoid when broaching the topic of planning.
1 min read
3 Creative Ways Annuities can Fund LTC Insurance
According to insurance industry research group LIMRA annuity sales had their best quarter in nearly 10 years with 62.1 billion in 4th quarter 2018 sales, up 22% year over year. LTCI Partners show you 3 creative ways to use Annuities to fund extended care needs.
Topics: Annuities Retirement Planning Sales & Marketing Tax Benefits Linked Benefits Prospecting
10 Most Asked Questions About LTC Insurance
Let LTCI Partners help you answer the 10 most asked questions about long-term care insurance?
Topics: Long-Term Care Financial Planning Extended Care Benefits Accelerated Benefits Benefit Riders
10 Most Asked Questions About LTC Insurance
What are the 10 most asked questions about long-term care insurance?
Topics: Long-Term Care Financial Planning Extended Care Benefits Accelerated Benefits Benefit Riders Tax Savings Tax Benefits Underwriting & Risk Classification
1 min read
3 Creative Ways that Annuities can Fund LTC Insurance
According to insurance industry research group LIMRA annuity sales had their best quarter in nearly 10 years with 62.1 billion in 4th quarter 2018 sales, up 22% year over year.
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