zlacker

>>wallfl+(OP)
Delay, deny, defend --- this is the insurance industry's modus operandi.

Insurance is the only industry where customers are the enemy.

>>jqpabc+A3
I wrote a longer response but deleted it as it was just a personal anecdote. Suffice it to say I'll never buy LTC insurance or participate in any elder care such as "assisted living" or "nursing care." It's all (IMO) engineered to drain old people of their assets before they die. Providing care is nowhere on the list of motivations of anyone involved.

>>SoftTa+Un
Some states are forcing you to buy LTC insurance. I’ve heard Washington does this through some convoluted laws.

>>Silver+NI
Yea, just like the country forces you to buy Medicare, except convoluted because people hate social safety nets.

>>lazyas+qP
Medicare provides a long term benefit as well, anyways the LTC is insolvent and is mostly a ploy to get everyone to pay for expensive unhoused neighbor care (well, the homeless industrial complex gets most of the money, it probably isn’t being used to help many). It doesn’t transfer if you ever leave the state, and doesn’t pay out very much if you ever need it.

>>seanmc+Mb1
As has been planned and legislated for years, it does transfer out of state as of 2030, which is such well advertised information that people who don’t know it are clearly operating entirely on curated propaganda, not their own thoughts.

You were right in one thing: that yes, it’s going to be insolvent. Why? Because the idiots in legislature were convinced by the anti-safety-net bastards to add an exemption carve-out that fucked the entire financial plan. If you let anyone opt out of Medicare it wouldn’t have existed for six weeks. And now those bastards have the nerve to turn around and say oohhhhh noooooo it’s not even fiscally stable!

But, homeless industrial complex? Ridiculous conspiracy theory nonsense.

For anyone not blinded by that nonsense - the WA LTC benefit would fill in the gaps for people who do not qualify for Medicare long term care, which is basically everyone who is going to need the Medicare benefit, and keep them from going bankrupt, destroying their family or simply dying for lack of care in that year it takes before Medicare kicks in for them.