A quick update on the WA Cares LTC Act.  On 1/27/2022, Governor Jay Inslee signed into law two bills, House Bill 1732 and House Bill 1733, which became effective at signing. These new bills will delay and make significant changes to the Washington Cares Fund.

Employers should cease collecting premiums for the Washington Cares Fund immediately and refund any premiums that have been deducted in accordance with HB 1732 which requires refunds to be made within 120 days of the collection of the premiums.

Employers should continue to monitor the WA Cares Fund for further developments at the following link: https://wacaresfund.wa.gov/.  We will continue to provide updates on our website's blog located at https://pnwisol.com/hot-topics1.