The LTSS Commission (overseeing WA Cares and providing recommendations to the legislature for changes to the law), met at the end of July. There are workgroups, offshoots of the Commission, that are working to create the specs for an LTCi supplemental product, exemption recertification, benefit eligibility, and portability. During the July meeting, the LTCi group presented to the Commission. The other workgroups will be presenting at the September 13th LTSS Commission meeting.
If you would like snippets of the July meeting, see our Meeting-at-a-Glance section below. Want to delve in deeper? You can watch the July meeting OnDemand and review the minutes, their presentation, or the Supplemental Private LTCi Workgroup Report.
Workgroup Reports (the first was presented in July; others will be presented on 9/13)
Supplemental Private LTCi (SPLTCI) Workgroup Final Report
These are the main bullet points from this Workgroup’s report:
The Bottom Line
Every agent who has clients with LTCi policies or riders should be paying attention to the LTSS Commission meetings and workgroup reports. As we saw last year, the legislature will typically enact most, if not all, of the recommendations that come out of the LTSS Commission. Each meeting has a public comment period, and I highly recommend adding your agent experience to the conversation, since there continue to be no agents, carrier representatives, or WA OIC employees on the LTSS Commission.
The carriers have submitted 2023 rates to the OIC for review. Let's take a peek at what is in store for next year's individual and small group premiums.
The flurry of announcements out of Olympia in advance of the WA Cares Fund implementation have done nothing to fix the inherent problems of the program, but have created a snowstorm of questions and confusion. Here's our take.
2022 Individual Plans
We have all the latest info on rates and county coverage for individual plans in Washington State in 2022.
Legislative Tweaking of WA LTC
Important changes are coming to Washington State's new LTC program. Learn more and register for an upcoming webinar.
The new administration promised to focus on healthcare. From the ACA to Medicare for All, big questions remain on what aspects will be impacted and if the President can muster the votes to make sweeping changes. Here is how we see the future shaping up.
If ACA Reporting for ALEs gives you a headache in a normal year, 2020 could give you a migraine. Here are just some of the complications facing large employers.
A new round of stimulus means more funding is available to small employers, even self-employeds. But, there are a few things you need to know before you apply.
Stimulus Package 2.0
The new Consolidated Appropriations Act has several provisions that impact benefit programs. Here's what you need to know.
In this Benefit Bites:
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I love numbers. I'm a math geek. I read benefits industry articles and periodicals for relaxation (but, honestly, I'm still a fun gal). I also like to share what I've learned and you'll find it all here.