Establishes a long-term care benefit program funded by payroll premiums.

The bill establishes the Hawaii CARES fund long-term services and supports trust program. It sets up a trust fund to provide eligible beneficiaries with a lifetime benefit for approved long-term care services. The program is funded by a payroll premium assessed on wages. Employers and self-employed individuals remit these premiums to the Department of Labor and Industrial Relations. The program aims to provide financial assistance for long-term care services, promote consumer choice, and facilitate transitions among private and public funding sources.

Establishes a long-term care benefit program funded by payroll premiums.

The bill establishes the Hawaii CARES fund long-term services and supports trust program. It sets up a trust fund to provide eligible beneficiaries with a lifetime benefit for approved long-term care services. The program is funded by a payroll premium assessed on wages. Employers and self-employed individuals remit these premiums to the Department of Labor and Industrial Relations. The program aims to provide financial assistance for long-term care services, promote consumer choice, and facilitate transitions among private and public funding sources.