Long Term Care has become our industry’s lightening rod. Since the Washington Care Fund was signed into law, 14 of 15 other states are actively considering legislation to address the high cost of long-term care. Potentially through a long-term care state payroll tax, with two of the most populous states, California and New York, among them.

Long Term Care expert with John Hancock, Jennifer White, CLTC recently hosted a webinar update with BGA Insurance. Click here to to listen to her insights and current facts on the status of this potential tax in many of these states.

During this video, we cover everything that is known as of right now:

• Who will have to pay the tax
• How the tax will impact everyone
• What amount of LTC benefit will be required
• When the deadlines are to have an opt-out solution