Trending...
- New PSA Campaign to Address Black Maternal and Infant Mortality in Los Angeles County
- Performer sues San Diego library with help from Pacific Legal Foundation after being barred from portraying black historical figures
- California: Governor Newsom statement on selection of new UC President
LOS ANGELES - Californer -- This November we will closely watch whether Washington State voters repeal the recently enacted long-term care insurance program declared Jesse Slome, director of the American Association for Long-Term Care Insurance (AALTCI).
"Washington's long-term care insurance program started taxing workers this July," explains Jesse Slome, AALTCI's director. "This November, Washington voters are being given the choice to make the program optional and early polling shows that's very likely to happen."
A Cascade PBS/Elway poll conducted last month found that 47 percent of respondents would vote to repeal the program (or make it optional). "Making the Washington CARES program option basically will kill the effort as it won't be financially viable," Slome explains. "I'd worry that only 25 percent of those polled indicated they'd keep the program."
Slome noted that educating the undecided will be critical to the outcome. Some 28 percent of respondents were undecided on how they would vote.
More on The Californer
"If you are a 30-year-old healthy employee earning $150,000, voting to make the program optional adds $870 back to your annual income," states Slome. "It would be interesting to hear what motivated one-in-four polled individuals to keep the program in place. Specifically, what messaging motivated those who are being taxed for the future benefit."
Further data on poll participants revealed that one-in-four were age 65 or older. "These individuals likely have no financial incentive to make the program optional," Slome admits. "Likewise, they wouldn't benefit. But it's commonly known that seniors vote so how this block votes could be quite significant in the outcome."
The long-term care insurance professional noted this would not be the first time that a long-term care insurance program was approved only to be subsequently ended. "When the Affordable Care Act (ACA) was passed and signed into law, it contained a national long-term care program called the CLASS Act," Slome adds. "Suddenly one night, the administration closed the doors and subsequently the program was repealed."
More on The Californer
If long-term care specialists believe in the program's value, they need to advocate on its behalf before election day. "Tell the organizations involved in legislative matters that you care about this program," Slome advises. "Tell the insurance companies you work with so that they can work together with those supporting the program."
The American Association for Long-Term Care Insurance (AALTCI) https://www.aaltci.org advocates for the importance of planning and supports insurance professionals who market both traditional and hybrid LTC solutions. Access the latest long-term care insurance statistics at https://www.aaltci.org/long-term-care-insurance/learning-center/ltcfacts-2024.php.
"Washington's long-term care insurance program started taxing workers this July," explains Jesse Slome, AALTCI's director. "This November, Washington voters are being given the choice to make the program optional and early polling shows that's very likely to happen."
A Cascade PBS/Elway poll conducted last month found that 47 percent of respondents would vote to repeal the program (or make it optional). "Making the Washington CARES program option basically will kill the effort as it won't be financially viable," Slome explains. "I'd worry that only 25 percent of those polled indicated they'd keep the program."
Slome noted that educating the undecided will be critical to the outcome. Some 28 percent of respondents were undecided on how they would vote.
More on The Californer
- Cal Lutheran Celebrates 1,018 Graduates!
- California: Governor Newsom appointed co-chair of U.S. Climate Alliance
- Archer to Open Second Manufacturing Plant in Los Angeles to Meet Surging Demand for Meat Stick Business
- NeighborWorks America selects Cabrillo EDC CEO for NeighborWorks Achieving Excellence Program
- Fairmint Introduces First Fully Onchain and Open Cap Table Infrastructure
"If you are a 30-year-old healthy employee earning $150,000, voting to make the program optional adds $870 back to your annual income," states Slome. "It would be interesting to hear what motivated one-in-four polled individuals to keep the program in place. Specifically, what messaging motivated those who are being taxed for the future benefit."
Further data on poll participants revealed that one-in-four were age 65 or older. "These individuals likely have no financial incentive to make the program optional," Slome admits. "Likewise, they wouldn't benefit. But it's commonly known that seniors vote so how this block votes could be quite significant in the outcome."
The long-term care insurance professional noted this would not be the first time that a long-term care insurance program was approved only to be subsequently ended. "When the Affordable Care Act (ACA) was passed and signed into law, it contained a national long-term care program called the CLASS Act," Slome adds. "Suddenly one night, the administration closed the doors and subsequently the program was repealed."
More on The Californer
- Vortex Brands Begins Gold Purchases Under New Joint Venture with Dubai-Based Partner
- Porta Potty USA Expands its Convenient Portable Restroom Rental Services Business in Louisiana Area
- Miss United Crown of America Launches as a National Platform for Purpose-Driven Titleholders
- Judge Joscelyn Jones Honored with Toastmasters Award for Communication and Leadership Excellence
- California: Governor Newsom announces appointments 5.8.25
If long-term care specialists believe in the program's value, they need to advocate on its behalf before election day. "Tell the organizations involved in legislative matters that you care about this program," Slome advises. "Tell the insurance companies you work with so that they can work together with those supporting the program."
The American Association for Long-Term Care Insurance (AALTCI) https://www.aaltci.org advocates for the importance of planning and supports insurance professionals who market both traditional and hybrid LTC solutions. Access the latest long-term care insurance statistics at https://www.aaltci.org/long-term-care-insurance/learning-center/ltcfacts-2024.php.
Source: AALTCI
0 Comments
Latest on The Californer
- Is it Really True That Tariffs Will Raise Car Insurance Rates?
- ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
- Coastal Business Systems Wraps Up Successful 2025 Tech Show in Redding
- AdOcto Turns AirBnBs Into High-Impact Advertising Channels
- Zefr Announces Launch of Pre-Screen Brand Safety Solution for Google's Search Partner Network (SPN)
- Pathways to Adulthood Conference May 17 at Melville Marriott Honoring NYS Assembly Member Jodi Giglio, Suffolk County Legislator Nick Caracappa
- Adster Techologies awarded US Patent for breakthrough innovation in reducing latency in Ad Serving
- Flexi-View Lending Closes $5.05 Million Residential Acquisition Loan in Billings, Montana
- Robert Fabbio Inducted into the Austin Technology Council Hall of Fame
- California: Governor Newsom, Superintendent Thurmond announce over $618 million to support another 458 community schools
- California: Governor Newsom announces judicial appointments 5.7.25
- Long Beach to Commemorate its Naval History with Commemorative Community Event
- Long Beach: City Celebrates Inaugural National Home Improvement Month: Love Where You Live
- California sues Trump administration for illegally withholding billions in bipartisan infrastructure funds: 'Another Trump gift to China'
- Tale of two trains: California high-speed rail leaves Texas in the dust
- California: State invests nearly $33 billion in cap-and-trade dollars to make communities cleaner and healthier
- Where AI Falls Short, Real Connections Rise—Media Outreach with Heart
- Cybersecurity is Protecting Your Personal Information and Your Portfolio
- EY US unveils Puneet Nanda of GuruNanda as an Entrepreneur Of The Year® 2025 Award Finalist
- California: Governor Newsom proclaims Children's Mental Health Awareness Week 2025