Surviving the Washington State Fire Sale
by Marc Glickman
And how Washington could determine California’s LTCi fate
California is just one of the more than a dozen states considering ways to manage long-term care costs. How this all shakes out remains to be seen, but we’re fortunate to have already had experience in Washington State. What follows is my first-hand account of the 2021 Washington Cares Fund initial rollout and my reflections on the impact of the law as it may pertain to California. With over 16.5 million employees in California’s workforce, this is already creating an enormous market for LTCi employer benefit and individual solutions.