WA Cares Act: Dodge This Long-Term Care Dance? Maybe You Can!
Hey there, fellow Washingtonians! Feeling a little jiggly with the idea of the WA Cares Act taking a chunk out of your paycheck each month for long-term care? Don't fret, you fancy footworkin' financial wizard! There may be a way to politely decline this particular social dance. But before we get down to the nitty-gritty, some disclaimers: this information is for entertainment purposes only (sort of). Always consult a financial advisor before making any big decisions with your hard-earned cash.
 |
| How To Opt Out Of Washington Cares Act |
So You Wanna Sit This One Out?
The WA Cares Act helps Washingtonians pay for long-term care needs, which is pretty darn awesome. But maybe you've got your own two-left-feet plan in place, like a killer private long-term care insurance policy. If you had one of those sweet policies before November 1st, 2021, there was a window to opt-out of the WA Cares Act. Think of it as politely declining the dance floor altogether.
But here's the kicker: That opt-out window closed on December 31st, 2022. So, if you're reading this with visions of sugarplums dancing in your head (because it's May and that's clearly what you're thinking about), then you're probably stuck with the WA Cares Act. Don't despair! The program is designed to help, and who knows, maybe someday you'll need those fancy footwork skills to navigate a long-term care facility.
But Officer, I Didn't Know About the Opt-Out!
No worries, we all miss deadlines sometimes. While the official opt-out window is closed, there are situations where you might still be eligible for an exemption. These might include things like being out of state for work or having a long-term care policy that kicked in after the deadline. It's always worth checking with the WA Cares Fund for the latest info.
QuickTip: A careful read saves time later.
Here are some resources to get you started:
- The WA Cares Fund website: [WA Cares Fund website ON WA Cares Fund wacaresfund.wa.gov]
- Contact WA Cares Fund representatives by email at wacaresexemptions@esd.wa.gov or by calling (833) 717-2273.
FAQ: You Asked, We (Sort of) Answered!
How to find out if I qualify for a WA Cares Act exemption?
Check the WA Cares Fund website or contact them directly using the info above.
QuickTip: Read again with fresh eyes.
How do I apply for a WA Cares Act exemption?
 |
If you qualify, the process is done online through the WA Cares Fund website.
How long does it take to get approved for a WA Cares Act exemption?
Reminder: Take a short break if the post feels long.
The WA Cares Fund website says it can take up to 60 days.
How much will I save by opting out of the WA Cares Act?
The current rate is 0.58% of your wages, so the amount you save depends on your income.
QuickTip: Focus on one paragraph at a time.
Is there a way to get my money back if I already paid into the WA Cares Act?
Unfortunately, no. Payments made are not refundable.
 |
