Sep 06, · With the state plan, by contrast, people pay only as long as they work. Ben Veghte, director of the state’s long-term care program, which is formally known as We would like to show you a description here but the site won’t allow blogger.com more Sep 09, · Our guide on starting a resume writing business covers all the essential information to help you decide if this business is a good match for you. Learn about the day-to-day activities of a resume writing business owner, the typical target market, growth potential, startup costs, legal considerations, and more!
Business Plan Templates: 9 FREE Samples - Updated
Tens of thousands of Washingtonians are trying to opt out of a new state payroll tax — and, business plan writer long island, in doing so, removing themselves from a state insurance program designed to take care of them in old age. Washington workers have until Nov. Opting out means not having to pay a 0. But the program provides a one-time opportunity for people to opt out, if they can show they have a similar private long-term care insurance plan in place before Nov.
That opt-out deadline has spurred a flood of applications for new plans, overwhelming the system and causing most insurance companies — if not all — to stop accepting new applications, said Steve Valandra, a spokesperson for the state Office of the Insurance Commissioner. He said some carriers also are worried that people are buying plans now only to drop them later business plan writer long island the deadline passes for opting out of the state program. Several insurance companies did not respond to inquiries from Crosscut asking for more information.
Before the recent surge in applications, only aboutpeople statewide had long-term care insurance plans in place, Valandra said. Legislators from both parties are concerned. Some state officials are worried that insurance brokers are urging people to buy private insurance plans that may not be a good value for them in the long run.
Many long-term care plans also require people to keep paying well into retirement, or else lose access to the benefits when they need them. With the state plan, by contrast, people pay only as long as they work. Given her income, the 0. The state payroll tax of 0. The tax is paid entirely by workers and not employers. Veghte said about half of people need less than two years of care during their lives.
He expects that private companies will offer supplemental insurance for those who want additional coverage. The state program requires most people to pay in for 10 years to be eligible. With that in mind, El-Khashab bought a private long-term care insurance plan a few months ago that provides benefits similar to the state plan. State lawmakers say they are looking at ways to address the concerns people have raised about the state long-term care program.
That includes looking at a way to make the benefits portable, so people like El-Khashab could take advantage of them even after moving out of state. Without the long-term care insurance program, state officials say Washington is going to face ballooning Medicaid costs as a large population of older workers age, business plan writer long island. Nicole Macri, D-Seattle. Although Medicaid can pay for some nursing services right now, people have to be in the low-income bracket to qualify.
Macri said many middle-income retirees end up decreasing their assets by selling their homes or drawing down their savings so they can qualify for those Medicaid benefits, business plan writer long island. State Sen. She said it might make sense for lawmakers to convene in a special session to postpone the program or make changes before the new payroll tax kicks in Jan. Jay Inslee has the power to call the Legislature into session to address urgent issues. Still, the governor is open to working with lawmakers to address any concerns they may have, Faulk wrote.
In the meantime, a conservative group, Restore Washington, is looking to put forward a ballot measure that would make participation in the program optional for Washington workers. State Rep. Drew Stokesbary, business plan writer long island, R-Auburn, is the lead Republican on the House budget-writing committee. Stokesbary argued that the Legislature should have tried to regulate private-long term care insurance plans rather than launch its own program.
Stokesbary is already concerned that the payroll tax rate will have to rise to keep the program solvent. Right now, the program has enough money to pay benefits throughaccording to a state-commissioned study released in October A ballot measure that would have allowed the state to invest some of the payroll tax money in stocks, keeping the program solvent throughfailed to capture voter approval that November.
Veghte, the program director, said he expects that a similar ballot measure will pass in the future. Wilson, the Republican state senator, has her doubts. Thursday, October 7, Cost vs. benefit Some state officials are worried that business plan writer long island brokers are urging people to buy private insurance plans that may not be a good value for them in the long run.
Changes might be on the horizon State lawmakers say they are looking at ways to address the concerns people have raised about the state long-term care program. Possible ballot measure State Sen. The Columbian is becoming a rare example of a news organization with local, family ownership. Subscribe today to support business plan writer long island journalism and help us to build a stronger community. Subscribe Today, business plan writer long island. Veghte added business plan writer long island smaller aspects of the program can be tweaked to avoid raising the payroll tax.
Crosscut is a service of Cascade Public Media, a nonprofit, public media organization. Visit crosscut, business plan writer long island. Receive latest stories and local news in your email:. By signing up you are agreeing to our Privacy Policy and Terms of Service. Featured Realtor. Related Stories Kaiser Permanente suspends 2, unvaccinated employees nationwide Health October 6, While U.
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Why Startups should NOT write a Business Plan
, time: 7:59Writing Degrees & Careers | How to Become a Writer
Nov 09, · Writer Salaries & Job Growth Writer Salaries Across the US. Writing is a diverse field, with a broad assortment of well-paying career paths. The national median salary for writers and authors was slightly above $60, in , according to the Bureau of Labor Statistics Case study is a research strategy and an inquiry which is based on the real life problems of an individual, organization, group or an event. Case studies are in depth investigation about the particular individual, group or event. A research that gives a detailed scenario about a person, group or event which is done for the enhancement of the writer’s assessment skills in other words a A writer can work with you to make your business plan sound better to investors, and a consultant can help you fill in knowledge gaps — like how to conduct a SWOT analysis — and point out weaknesses in your plan. But, at the end of the day, you need to use the
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