“Washington State Voters Keep Long-Term Care Tax”

“Washington State Voters Keep Long-Term Care Tax,” by AnneMarie Schieber, The Heartland Institute

“Medicaid Effect: Washington voters are responding to a crisis in long-term care that all Americans are facing, says Stephen Moses, president of the Center for Long-Term Care Reform. ‘Few people plan or save for long-term care because they can easily qualify for Medicaid to pay for it,’ said Moses. ‘The government deducts private medical and long-term care expenses from income before applying a low-income standard, and most large assets such as home equity are exempt, meaning income and assets can be very high and still qualify for Medicaid coverage. Government-paid long-term care discourages private coverage, creating a provider shortage and rising costs.’ In a report published by the Paragon Health Institute in 2023, Moses recommended closing eligibility loopholes to create a more robust market for long-term care.”

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

For more, see LTC Bullet: WA Cares Stalking Horse Survives and LTC Bullet:  Guest Column, “Yes on I-2124.”