Long Term Care Insurance Update, January 2022
Washington state has provided updated information on the WA Trust Act. As of 12/28/21 employers are advised to withhold premiums starting January 1, 2022. See the linked article as well as recent clarifications from Governor Inslee.
Please be aware of this important information:
- The WA Cares Fund has not been cancelled. Please visit https://wacaresfund.wa.gov/
- Click here to join the WA Cares Fund mailing list that will provide updated information.
- The November 1st purchase date of LTC insurance to apply for a tax exemption is still a requirement to file for a tax exemption.
- If an employee cancels coverage the coverage will not be reinstated, and the employee will not be eligible to re-enroll at a later date.
For questions on your WSCFF TrustMark policy, please call ACSIA at 844-754-6266.