Committee hears walkthrough of H-120, which would direct study of a Vermont long-term care trust fund

The House Health and Welfare Committee on 2025-10-12 heard a walkthrough of H-120, a bill that would direct the Secretary of Administration to study and design a long-term care trust fund and return a written report to policy committees by January. Katie McGlenn of the Office of Legislative Council told the panel the bill "doesn't create a trust fund, but it asks the secretary of the administration to come up with a plan" and outlines items the study should address.

The nut graf: supporters and committee members said the study is intended to examine funding and design options — including whether the structure would resemble a social-insurance model — and to provide concrete legislative language if a fund appears viable. Representative Iacovone, the bill sponsor, described the historical context and policy goals, saying the proposal seeks to spread the cost of long-term care so families…