8201 is a proven, commonsense way to strengthen our long-term care funds and make sure our money is there when we need it – we’re not the only ones that think so.
8201 has won endorsements from organizations representing frontline, essential workers like the Washington State Nurses Association, the MS Society, and the Washington State Council of Fire Fighters.
What does 8201 do?
8201 allows an independent, nonpartisan board to invest our state’s long-term care fund in the same way we already invest dozens of other state benefit and pension funds. Even a 1% growth rate would produce an extra $67 billion for Washingtonians who need support!
Here are 3 extra benefits of 8201:
Doesn’t cost taxpayers a dime: 8201 grows Washington’s Long-Term Care Fund using proven, balanced investment strategies – not raising taxes.
Keeps premiums low: Higher earnings mean more money for our long-term care fund – that’s good for aging adults, Washingtonians with disabilities, their families, and taxpayers.
No fund raiding: 8201 requires that 100% of investment income earned by the state’s Long-Term Care Fund is spent on long-term care services for vulnerable aging adults and people with disabilities.
Thank you for voting “approve” on 8201 to strengthen our long-term care benefits!