A great deal has changed since the 2020 legislative session began on January 13. Even though the last few weeks of the session were challenging as we juggled the coronavirus pandemic and monitored supported bills, we ended the intense 60-day session with several significant wins that tackle the rising cost of lifesaving medication, expand the financial fraud and identity theft investigation and prosecution program, and remove specific barriers to increase our housing stock via accessory dwelling units.
According to a new AARP state survey, two-thirds (66%) of Washington registered voters feel anxious about having enough money to live comfortably throughout their retirement years – and for a good reason. AARP’s survey of voters ages 25 to 64 showed that more than a third (35%) have saved less than $25,000 for retirement. Almost one quarter (22%) have less than $5,000 saved.
The Legislature may consider bills that would allow drug importation from Canada and set stricter price transparency rules for pharmaceutical companies.
In 2019, Washington became the first state to pass legislation creating a public long-term care insurance program. In doing so, we are leading the way in addressing a nationwide crisis: an aging population in which the vast majority lack the financial resources to pay for the care they need as they age.