Brianna Frost’s Post

#Arkansas residents understand that long-term care costs are going up. A comprehensive retirement plan should address the increasing cost of long-term care services. Use the resources available on LTC NEWS to see the current and future cost of care, search for caregivers and facilities, and learn about options on how to prepare for the consequences of aging. #aging #health #retirement #caregivers #longtermcare https://lnkd.in/eh-WJEgq

It’s true that long-term care costs in #Missouri are more moderate than other parts of the country — but — these costs will adversely affect your family and finances. Are you prepared? Learn about the consequences of aging, caregiving, health, retirement planning, long-term care and more by using the resources available on LTC NEWS. You can even find quality caregivers and facilities by using the LTC NEWS Caregiver Directory. https://lnkd.in/eX5FnN8U

Two in five adults with long-term care needs are younger than 65, which means the rising costs of long-term care isn't just a retirement issue. Benefits experts Aparna Niroola, MHSA, SPHR, SHRM-SCP & Susan Young, GBDS shed some light on this growing need and help your employees navigate the options, as many states consider long-term care programs in response. #longtermcare #longtermhealthcare

Two in five adults with long-term care needs are younger than 65, which means the rising costs of long-term care isn't just a retirement issue. Benefits experts Aparna Niroola, MHSA, SPHR, SHRM-SCP & Susan Young, GBDS shed some light on this growing need and help your employees navigate the options, as many states consider long-term care programs in response. #ltc

Nationwide we see long-term care costs rising, including in #SouthCarolina. Your retirement plan should address the consequences of declining health and aging. Learn more on LTC NEWS. #longtermcare #retirement #aging #caregiving https://lnkd.in/dvWSWVec

Check out this blog I wrote with my colleague Susan Young, GBDS on the growing need for long-term care. Two in five adults with long-term care needs are younger than 65, which means the rising costs of long-term care isn't just a retirement issue. #woodruffsawyer #betterbenefitswithaparna #employeebenefits

There is a rising tide of older adults living in South Carolina. Increasing long-term care costs are straining families and finances. The good news is that more South Carolinians are using LTC Insurance benefits to pay for quality care. No matter where you live, being prepared for the future costs and burdens of aging should be a key part of an overall retirement plan. Learn more about aging, caregiving, health, lifestyle, long-term care, and retirement planning by using the resources available on LTC NEWS. #SouthCarolina #aging #health #retirement #longtermcare https://lnkd.in/g4Edw97b

Another post retirement nightmare. I had to cancel Blue Cross/Blue Shield (BC/BS) because their premium was too high. I’m eligible for Tri-Care West so I went with them. Office of Personnel Management (OPM) dropped the ball on processing the cancellation. I submitted the cancelation at the beginning of May, 2023. It took OPM until October to process it. Evidently, there’s a system in place that flags the processing of prescription drugs. Even if you explain to the organization providing the prescription that you have a new insurance, if their is a primary insurance in place, the new insurance is automatically downgraded to a secondary insurance and the primary insurance pays the cost of the prescription. The cancellation finally went through but as you can see BC/BS is charging me, because I’m the sponsor, all the prescription drug charges from June until September, 2023, which totals $11,401.76. I’ve called BC/BS, OPM, and the Pharmaceutical Companies that prescribed the prescriptions. BS/BC told me to bring on a Congretional Investigation or law suit. I was specifically told to “do what I have to do.” The pharmacies all stated they couldn’t even go back a month to change the charge to the correct insurance. I managed to contact OPM at 5:52 am Arizona time yesterday (04/04/2024). Contacting them was a miracle because I’ve tried numerous times and received a message that their call volume was too high and to call back later. I need help. Any suggestions or contacts? Make sure to include this in your retirement brief. This issue was not addressed when I retired.

Two in five adults with long-term care services and support needs are younger than age 65, which means that rising costs of long-term care isn't just a retirement issue. Many states are considering long-term care programs in response. Benefits experts Aparna Niroola, MHSA, SPHR, SHRM-SCP and Susan Young, GBDS shed some light on this growing need and help your employees navigate their options. #wsinsights #employeebenefits #longtermcare

When it comes to long term care insurance, one common hurdle couples face is trying to mentally justify cost for what seems like an intangible asset or “hypothetical need” ie what exactly am I buying? Great question. With LTCi: —You’re purchasing protection for home and other assets. (With annual LTC costs at 100k+ per person and rising, LTCi policies form “a hedge” that prevents extreme asset drain, a common scenario.) —You’re purchasing a higher quality of care NOT dependent on government safety nets or a strained medicaid system (Medicaid options are increasingly characterized by lower care quality, shared rooms, limited bed availability etc.) —You’re purchasing future relief for your children from heavy care burdens for children by providing resources (indemnity plans are especially suited to this purpose). —Most importantly, you’re purchasing OPTIONS for the future including the ability to stay at home longer with plans that allow in-home care and delay the need for nursing home or institutional care. It’s worth it to look at the options available and have a plan. Your family will thank you!