New group acceptance is closed as of 10/29 @ 2pm PST
If your group applied for the Universal Life with LTC in WA in September or October of 2021 -
- Allstate currently has an SLA of 4-6 weeks on certificates of coverage and online access to policies
- Allstate currently has an SLA of 3 weeks on Access to online Billing Portals
- SOME paper invoices MAY be missing employees. This is NORMAL as not app applications issue through the system at the same time.
- Because of the massive response to this program, Allstate appreciates your patience as they work through all of the enrollments that were received during this 2 month period.
- Allstate currently has an SLA of 4-6 weeks on certificates of coverage and online access to policies
- Allstate currently has an SLA of 3 weeks on Access to online Billing Portals
- SOME paper invoices MAY be missing employees. This is NORMAL as not app applications issue through the system at the same time.
- Because of the massive response to this program, Allstate appreciates your patience as they work through all of the enrollments that were received during this 2 month period.
WA Cares Fund |
www.wacaresfund.gov
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- The Washington Cares Fund (formerly known as the Washington Long-Term Care Services and Supports Trust Act), established a new state program to pay benefits for long-term care services received by qualified residents.
- The program will be funded by a mandatory premium assessment (payroll tax) of 0.58% on all W-2 employees in the State of Washington starting on January 1, 2022.
- Employers are responsible for collecting the tax via payroll withholding and remitting the premiums to the Washington Employment Security Department (“ESD”).
- The program will be funded by a mandatory premium assessment (payroll tax) of 0.58% on all W-2 employees in the State of Washington starting on January 1, 2022.
- Employers are responsible for collecting the tax via payroll withholding and remitting the premiums to the Washington Employment Security Department (“ESD”).
Can I Opt Out? |
- An employee who is over the age of 18 can apply for an exemption from
the premium assessment if they attest to having purchased long-term care insurance before November 1, 2021. - The ESD will accept applications for this exemption between October 1, 2021 and December 31, 2022. It is the employee’s responsibility to apply for exemption. - If an exemption is approved, individuals will not be required to pay the tax to fund the program and will be permanently barred from receiving benefits under the Washington Cares Fund program. |
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- You can do nothing. On Jan 1,2022 employers will begin deducting from their employees (who have not opted out) W2 wages to fund the state program.
- You can shop for and purchase Individual Long-Term Care Insurance - Employers can offer group coverage to their employees through our program or another group option. |
What are my options? |
We offer an employer-sponsored group life insurance program that qualifies for employees to opt out of the WA Cares Act. Not only does this program allow for employees to opt-out, it can provide deeper benefits than the state's program.
Current Antik SLA
9AM 10/21/21
- ALL workbook enrollments have been processed and submitted
- ALL enrollment portals have been built and sent to administrators.
- Allstate Benefits is processing submitted applications as quickly as possible and will release cases daily
- ALL workbook enrollments have been processed and submitted
- ALL enrollment portals have been built and sent to administrators.
- Allstate Benefits is processing submitted applications as quickly as possible and will release cases daily
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- Employer Groups of 10 or more
- Minimum 5 Participants - ALL NEW ACCOUNTS after 9/15 are required to participate in online SELF ENROLLMENT - Group Administration (Payroll Deduct) - COMPLETE enrollments before 9/24 will have 10/1 Effective date and have been submitted - COMPLETE enrollments between 9/24 and 10/11 will have 10/15 Effective date - ALL enrolment portals will close on 9/22 AT THE LATEST - COMPLETE enrollments between 10/11 and 10/22 will have a 10/31 effective date |
Qualifications
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Benefits of Allstate |
- Combines protection of both Life Insurance and Long Term Care Acceleration
- Full Portability - Flexible Issue Limits - Fixed cost - Minimal to no medical questions - Standalone Domestic Partner and Dependent coverage (18+) - Online portal for employee management - Local, personal, Licensed, Professional assistance - Access to other protections (Accident/Cancer/Critical Illness/Disability) |
WA Cares Act |
VS. |
Our Plan |
For more info or to obtain a quote for your group, please drop us a line here