“State factsheet not helpful for long-term-care crisis”

 

“State factsheet not helpful for long-term-care crisis,” by Elizabeth Hovde, Washington Policy Center

“A factsheet from the state about WA Cares, the state’s new program for a long-term-care benefit that many people will never be eligible to receive, is misleading and irresponsible. It could add to the financial crisis the state sees headed its way when it comes to helping people with their long-term care. … Encouraging people not to use their savings for life needs and to instead rely on other taxpayers — some with far fewer resources — is irresponsible and won’t bring the state the most desirable result: people saving and planning for possible long-term care, especially when $36,500 won’t likely be enough for an individual. A person will often need to rely on their own savings or Medicaid, which is supposed to be a safety net for people in need.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

WA Cares sinks deeper and deeper into misrepresentation, false promises, loss of credibility and distrust.