Tag: WA Cares
My fascinating conversation with Ben Veghte, executive director of the Washington Cares Fund, covered both his state’s innovative model for public financing of long-term care and the Dutch approach to senior care. The Washington Cares Fund The Washington Cares Fund is a unique long-term care financing model that – starting in July 2026 – will provide state residents with up to…
Long-term care is the major uninsured expense for most retirees. Neither private health insurance nor Medicare covers long-term care expenses, although Medicare provides for care in a skilled nursing facility for up to 100 days following hospitalization. Long-term care insurance is available in the private market, but less than 5 percent of people purchase plans. …