WV HB5664

Creates the West Virginia CARES Fund, a state-administered long-term care insurance program funded through mandatory employee payroll premiums of 0.58% of wages beginning January 1, 2029

Provides eligible beneficiaries up to $100 per day (with 3% annual increases) for a maximum of 365 lifetime benefit units to cover long-term services including in-home care, assisted living, nursing home care, adult day services, and respite for family caregivers

Requires employees to pay premiums for either 10 total years (without a 5+ year gap) or 3 years within the last 6 years, be at least 18 years old, and be West Virginia residents to qualify for benefits

Establishes a 15-member Long-Term Services and Supports Trust Commission to oversee the program, with representatives from the legislature, state agencies, care providers, unions, and consumers

Benefits become available January 1, 2031, to individuals who need assistance with at least three activities of daily living, with self-employed individuals able to opt into coverage beginning January 1, 2030