Company-Sponsored Long-Term Care Plan

The passage of Long-Term Services and Supports (LTSS) Trust Act, effective January 1, 2022, makes Washington the first state in the nation to require that its working residents secure a long-term care plan. Washington residents can either participate in a publicly funded insurance program where they can vest into a basic level of long-term care (“LTC”) benefits, or they can opt-out and buy a private policy that best suits them.

Alternative to WA Cares Fund

Learn how to offer a company-sponsored long-term care plan to enable employees to opt-out of the Washington State WA Cares Fund.

We deliver a company-sponsored long-term care plan that allows Washington State employees to opt-out of the WA Cares Plan.

Lower Cost + Higher Benefit

Acquiring your own insurance policy will be at a lower unit cost and provide higher LTC benefit amounts.

Protect Retirement

Private coverage allows you to guarantee your costs and receive benefits anywhere in the world.

Eliminate Payroll Tax

Securing private coverage allows you to opt-out and eliminate the new $0.58 per $100 in wages payroll tax.

WA Cares Fund vs. Private Insurance

The state program delivers poor quality and a new payroll tax that will continue to increase as your wages grow ($0.58 per $100 of wages).

Implementation Steps

Census & GI Offer

Finalize the plan participants; review premium costs for benefits; obtain guaranteed issue offer based on census.


Online custom web portal for the company to roll out the sponsored plan for employees to enroll.

Issue Policies

Issue an individual policy for each employee; electronic delivery of the policy; employee pays the premium.


Acquire a hybrid long-term care life insurance policy. Depending on age and income, employees can enjoy the following benefits:


  • Significantly lower costs per unit of coverage

  • All premiums returned via a long-term care (LTC) claim or death benefit

  • Markedly higher quality benefits including indemnity definition for benefits versus the WA Cares Fund reimbursement provisions

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