OLYMPIA — Should Washington invest its long-term care fund in the stock market?

That’s the question voters will decide this November with Senate Joint Resolution 8201, a ballot measure that would amend the state constitution to allow the Washington State Investment Board to invest money from Washington’s long-term care program in high return investments like stocks and private assets.

Supporters say the measure could help grow the fund, known as the WA Cares Fund, and keep premiums low without raising taxes, while opponents argue it puts public money at risk.

The WA Cares Fund is a state-run insurance program paid into monthly by working Washingtonians for health care service they may need as they age or have health issues. Starting in 2026, eligible workers can get up to $36,500 to pay

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