AM Blog: “State-Funded Long-Term Care — is it Enough?”

The Advanced Markets team recently updated their “State-funded long-term care — is it enough?” blog to address the recent amendment to Washington State’s law which instituted a payroll tax for WA employees to fund its state-sponsored long-term care insurance program. Per the April 2021 amendment, employees with personal LTC coverage may opt out of the program and corresponding payroll tax, but to do so, must purchase personal LTC coverage prior to November 1, 2021. Make sure to read the blog for more information.