---
title: WA Cares Fund Employer Newsletter
description: "Action Taken: Amendments to WA Cares Fund Adopted"
image: https://www.ltcipartners.com/hubfs/download-Nov-14-2022-08-32-22-2434-PM.jpeg
---

# WA Cares Fund Employer Newsletter

 Written by [Steve Cain, CLTC®, Director Sales & Business Development Leader](https://www.ltcipartners.com/blog/author/steve-cain-cltc-director-sales-business-development-leade)  |  Read

![](https://www.ltcipartners.com/hs-fs/hubfs/download-Nov-14-2022-08-32-22-2434-PM.jpeg?length=700&name=download-Nov-14-2022-08-32-22-2434-PM.jpeg)

## **WA Cares: New analysis shows long-term solvency projections**

## **Report evaluates premium rate**

 

The Office of the State Actuary has released a new report on the [WA Cares Fund](https://protect-us.mimecast.com/s/lpNfCPNlP7IJknQVszT0QH?domain=nam10.safelinks.protection.outlook.com), Washington’s universal long-term care insurance program, for which premium collection begins July 1, 2023. Under most scenarios evaluated, including the best-estimate scenario, the program’s premium rate (0.58% of earnings) is projected to keep the fund fully solvent for 75 years, the full period evaluated in the report. This means WA Cares is on solid financial ground as it prepares to launch. To learn more, [read a summary from the WA Cares team](https://protect-us.mimecast.com/s/Js17CQWmQnUJyL7ZsPxy1i?domain=nam10.safelinks.protection.outlook.com) or watch a [Q&A video](https://protect-us.mimecast.com/s/-TlfCR6nROTyzXNZhPyk78?domain=nam10.safelinks.protection.outlook.com).

 Published Nov 14, 2022 2:32:26 PM

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[![](https://www.ltcipartners.com/hs-fs/hubfs/1261447420-f4e47064ea201a559bc48615e0ee98255ce8f4ed449306351.jpeg?length=700&name=1261447420-f4e47064ea201a559bc48615e0ee98255ce8f4ed449306351.jpeg)](https://www.ltcipartners.com/wacaresfundupdates/faq)

### [FAQ for Employers](https://www.ltcipartners.com/wacaresfundupdates/faq)

 March 13th, 2022 Update Details for Employers and Employees 

[Read More](https://www.ltcipartners.com/wacaresfundupdates/faq)

[![](https://www.ltcipartners.com/hs-fs/hubfs/washington.jpeg?length=700&name=washington.jpeg)](https://www.ltcipartners.com/wacaresfundupdates/exemptionstats)

### [WA Cares Fund Exemption Stats](https://www.ltcipartners.com/wacaresfundupdates/exemptionstats)

 WA Cares Fund Exemption Stats (as of May 16, 2022): 

[Read More](https://www.ltcipartners.com/wacaresfundupdates/exemptionstats)

[![](https://www.ltcipartners.com/hs-fs/hubfs/10262021_tzr_tzr_174947-1.jpeg?length=700&name=10262021_tzr_tzr_174947-1.jpeg)](https://www.ltcipartners.com/wacaresfundupdates/planning)

### [WA Cares Fund June Update](https://www.ltcipartners.com/wacaresfundupdates/planning)

 WA Cares continues to regularly expand its website with additional copy. 

[Read More](https://www.ltcipartners.com/wacaresfundupdates/planning)

[![](https://www.ltcipartners.com/hs-fs/hubfs/unnamed.png?length=700&name=unnamed.png)](https://www.ltcipartners.com/wacaresfundupdates/newsletter)

### [WA Cares Fund Update: Employer Newsletter (March...](https://www.ltcipartners.com/wacaresfundupdates/newsletter)

 March 29th, 2022 Update 

[Read More](https://www.ltcipartners.com/wacaresfundupdates/newsletter)

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