WA Cares Fund

WA Cares Fund is a unique program established to provide long-term care insurance to working residents of Washington State. As a government initiative, it operates independently and is dedicated to ensuring the well-being of Washingtonians as they age. With a small team of three employees, the WA Cares Fund oversees a program that has generated over $100 million in revenue. The program offers a universal long-term care insurance policy, accessible to all working Washingtonians. By contributing a modest 0.58% premium on their wages, individuals build up a benefit of $36,500. This benefit can be utilized to cover a range of long-term care services, including professional and family caregiving, home modifications, and meal delivery. The WA Cares Fund distinguishes itself as a first-in-the-nation program, pioneering a universal long-term care insurance model within the United States. This innovative approach aims to provide financial security and peace of mind for Washington residents facing the challenges of aging. For more information about the WA Cares Fund and its benefits, please visit their website at wacaresfund.wa.gov.