Silver To Gold Strategies’ Post

In the unfortunate case of a long-term care event, it's common for loved ones to take on the caregiver role. Not only does this put an emotional and mental strain on the family member administering care, but it also takes a toll on their financial well-being. If an individual has to miss work or even quit their job in order to care for a loved one, can long-term care insurance cover the costs? Check out this article for insight.

In the unfortunate case of a long-term care event, it's common for loved ones to take on the caregiver role. Not only does this put an emotional and mental strain on the family member administering care, but it also takes a toll on their financial well-being. If an individual has to miss work or even quit their job in order to care for a loved one, can long-term care insurance cover the costs? Check out this article for insight.

Addressing Long-Term Care Insurance Premium Hikes: Solutions for South Florida Families & Caregivers A recent NBC Miami article highlighted the growing concern surrounding long-term care insurance premium increases. These unexpected costs can destabilize financial plans and leave families scrambling to ensure their loved ones receive the care they need. In our new blog post, we discuss the issue's impact on South Florida families and offer practical solutions: - Strategies for negotiating with insurance providers when premiums rise. - How personalized in-home care can reduce overall long-term care expenses. - Maximizing existing coverage with expert support and guidance. - The role of in-home care in mitigating caregiver burnout. Caring for aging loved ones shouldn't derail your financial security or well-being. Let's explore ways to build a sustainable long-term care plan. Read the full post: https://lnkd.in/gwpWuuBk Tag colleagues, clients, or healthcare organizations who might find this valuable. #longtermcare #insurance #southflorida #caregiving #healthcare #eldercare #worklifebalance

Addressing Long-Term Care Insurance Premium Hikes: Solutions for South Florida Families & Caregivers A recent NBC Miami article highlighted the growing concern surrounding long-term care insurance premium increases. These unexpected costs can destabilize financial plans and leave families scrambling to ensure their loved ones receive the care they need. In our new blog post, we discuss the issue's impact on South Florida families and offer practical solutions: - Strategies for negotiating with insurance providers when premiums rise. - How personalized in-home care can reduce overall long-term care expenses. - Maximizing existing coverage with expert support and guidance. - The role of in-home care in mitigating caregiver burnout. Caring for aging loved ones shouldn't derail your financial security or well-being. Let's explore ways to build a sustainable long-term care plan. Read the full post: https://lnkd.in/g-rkSeih Tag colleagues, clients, or healthcare organizations who might find this valuable. #longtermcare #insurance #southflorida #caregiving #healthcare #eldercare #worklifebalance

Why are there problems with long-term care insurance? https://lnkd.in/gAjp58Dx https://lnkd.in/gYpNvZsn You may think that long-term care plans do not help people, whether they are poor or wealthy and it is not worth owing a long-term care plan. Read these article and you may believe the worse about long-term care plans until you have a conversation with an extended care benefits advisor and own a long-term care plan. You may believe the U.S. government or States will help you with caregiving at home or a care center. It may seem that social media, television, mailings, and the internet have never offered information to inform people about caregiving benefits. 

Understanding your benefits is important... Follow Us, visit https://lnkd.in/eV6p5u8H, or call 1-888-756-6701 to stay educated and abreast of Colonial Life's supplemental insurance products. Voluntary benefits enhance your medical insurance to help you prepare for life’s unexpected challenges. Paid directly to you, they can be used to pay expenses that other insurance may not cover. Benefits can be complex — and we’re here to help. During our 1-to-1 benefits counseling sessions we review your benefits options to make sure you’re covered the way you should be for life’s unexpected moments. We’ll give you personalized recommendations and answer any of your questions so you can make the best decisions for you and your loved ones. Our flexible enrollment methods make it easy to talk 1-to-1 with a benefits expert to make personal, informed decisions about protection that meets your needs. You can meet virtually or in person — wherever and whenever it’s convenient for you. At Ginakes & Associates we specialize in Colonial Life #employeebenefits #supplementalinsurance #voluntarybenefits #Accident #Disability #Criticalillness #LifeInsurance #Hospitalindemnity #Cancer #DentalandVision #GinakesandAssociates #Employers #InsuranceBrokers. 

Clients are always asking if they should consider Long Term Care Insurance and I ask them if they can afford NOT to have this coverage. Those who already own a policy ask if they should cut back on benefits when the premium increases - same answer. Can you afford to pay the difference in the cost of care if you need these benefits? Long Term Disability is the only benefit that protects your salary - Long Term Care is one of the only benefits that protects your assets. Something everyone needs to consider. https://lnkd.in/ehBupy4R

Let your voices be heard! Finding a mental health or substance use provider in many private insurance networks can be a challenge. Some networks are very small, others lack providers accepting new patients. Even with private insurance, many people pay for treatment out of pocket, making care expensive. SB2896, supported by the Healthy Minds Healthy Lives Coalition, will be heard at 10 a.m. Tuesday, Feb. 20. Show your support by submitting a witness slip and encourage your community to do the same! This new bill would require insurers to make it easier for providers to join private insurance networks, making care more affordable and patients can have more providers to choose from. Show your support TODAY for this important legislation by submitting a witness slip here: https://lnkd.in/gzZXuPHM Speak up and let your legislators know that mental health matters!

🩺This Financial Wellness Month, let's discuss something that is often overlooked - Long-Term Care Insurance. Ensure your future health needs are covered, preserving your wealth and easing the burden on loved ones. Prioritize long-term well-being today for a less worrisome tomorrow. https://lnkd.in/eM2Dc4sv #FinancialWellnessMonth #LongTermCareInsurance

As we grow older or develop disabilities, our everyday tasks, like bathing, household chores, and meal preparation, often become more difficult. Depending on family members for help may seem viable, yet it brings its own set of challenges. Opting for long-term care insurance helps you feel confident that you'll have the necessary support when mobility or abilities diminish, providing the assistance you need. Have you considered long-term care insurance? Let's meet and discuss your options #LongTermCare #Caregivers