In this conclusion of the two-part series, several PartnersFinancial principals join the podcast to talk about long term care insurance. These special guests include: Ben Kronish, Kronish Associates, Joe Donovan, Bay Financial, Jonathon Geer, Geer Financial Services, Marty Nanne, NFP Minnesota, and Ryan Barradas, WealthPoint. In an occasionally feisty round-table discussion they cover: • Why they sell (or don't sell) LTC insurance; • The ways in which their target LTC client has changed; • How they talk to clients about LTC; and • Which products seem to resonate with clients and why
Vanguard Veteran Kathy Gallowitz pt 1 For those of you who have followed this program for a while, you've heard some of my stories from the military. In fact, just two and half years after leaving my military career, is when I came the decision to end my life. I had not meaning. I had not money. I was in a dead end job, etc. etc. etc. If it had not been for that act if Divine intervention that night on January 29, 1992 at 11:35pm ET in that little empty apartment in Columbus, GA – on January 30th 1992, I would not have been here on this earth. Leaving service is hard. A lot harder than I had imagined. I left service thinking, “I'm former Army Officer, I'll find somebody that wants to hire me pretty quick.” There were almost NO systems in place back in July 1989 for transitioning veterans. None. Even with the systems and resources that are in place today, we are still failing to help the many veterans who are transitioning from a life of meaning, order and familiarity – to one of uncertainty. More than 2.6 million Americans have served in the Armed Forces since that tragic day of 9/11. Almost 240 thousand military members leave active duty each and every year, ready to help companies and communities with their skill sets. Retired Air Force Lt. Colonel Kathy Gallowitz has formed an absolutely essential organization called, “Vanguard Veterans.” She served 29 years in the Air Force as a nurse and also as a Public Affairs Officer. Through “Vanguard Veteran,” she equips civilians to become Veteran Champions as the “Veteran-Hiring Concierge,” a “Military Ministry Builder” and a “Fallen Comrades Ceremony Producer.” She is also the author of “Beyond Thank You for Your Service: The Veteran Champion Handbook for Civilians.” Help me welcome to the program, LTC (retired) Kathy Gallowitz. Kathy, thank you for taking the time to come on the program, I do appreciate it. First question I always ask is this, other than that brief information I just shared, can you tell us in your own words, “Who is Kathy Gallowitz?” What were you doing when 9-11 happened and how did it impact you? You designed a never been done before, statewide outreach program in Ohio to help veterans. Tell us about that challenge and what it accomplished… Share with us some of the positive attributes that Veterans can bring to a civilian company or agency? Most veterans are used to showing up on time, accomplishing assigned tasks in a timely manner, working over-time if necessary, among other things. Most veterans maintain these job skills even many years after they leave service. How do you help make companies aware of the positive job skills veterans bring with them to the job site? Tell us about you “Military Ministry Builder” program… Folks, having served twelve years in the military and then transitioning to civilian life, I know, first hand, how difficult it is. It took me over twelve years of struggling – even contemplating – not contemplating, I had made the decision – to commit suicide. You've heard the story before, how God invaded my little empty room and through one scripture, changed my life forever. Psalm 34 verse 7, which says, “The Lord has heard this poor man cry and shall deliver him...
Sean Crowley is the owner and founder of Stonehenge Advisor Group, a full-service financial consulting firm specializing in Social Security maximization and retirement income planning. The firm also provides product-agnostic services for health, life, and disability insurance, Medicare and Medicaid insurance, prescription insurance, and other programs. The Stonehenge Advisor Group has a strong, vetted network of CPAs, estate planning, and elder law attorneys to assist its individual clients and small business owners with more advanced planning matters. Based in Collegeville, PA, the firm is licensed in 13 states, including PA, NJ, DE, and MD. What You Need to Know (02:47) Sean started his company about 30 years ago when he noticed that women were often left out of the financial planning process. He committed to providing greater education and transparency. (04:30) The first step in planning is to listen to a client to determine their goals and objectives and assess their current financial situation. (05:29) Like Bellomo & Associates, Sean's firm offers workshops. Sean and Jeff are conducting a workshop at Penn State Great Valley in September. (07:00) Sean's four-part workshop is called “Baby Boomer's Retirement Road Map.” It's a structured, holistic approach to Social Security, tax minimization, Medicare, retirement planning, etc. (09:00) The “old” model of LTC insurance was typically a use-it-or-lose-it policy. (11:24) Sean advocates for the newer LTC hybrid models where unused money goes back into the estate and pays out like a life insurance policy. (12:53) Hybrid models offer options, each with different advantages and qualifying standards so that they can be tailored to the particular needs and circumstances of each client. (18:05) Supplemental insurance plans can be confusing. Have an expert conduct a deep-dive analysis of your needs and goals. There are assistance programs available. Sean's team can help so that you're not leaving money on the table. LINKS AND RESOURCES MENTIONED Contact Sean Crowley at 610-287-4869 or email email@example.com. To learn more: Website - https://mysaferetirementsolutions.com/ Facebook - https://www.facebook.com/stonehengeadvisorgroup/ Bellomo & Associates workshops:https://bellomoassociates.com/workshops/ Life Care Planning The Three Secrets of Estate Planning Nuts & Bolts of Medicaid For more information, call us at (717) 845-5390. Connect with Bellomo & Associates on Social Media Tune in Saturdays at 7:30 a.m. Eastern to WSBA radio: https://www.newstalkwsba.com/ X (formerlyTwitter):https://twitter.com/bellomoassoc YouTube: https://www.youtube.com/user/BellomoAssociates Facebook:https://www.facebook.com/bellomoassociates Instagram:https://www.instagram.com/bellomoassociates/ LinkedIn:https://www.linkedin.com/in/bellomoandassociates WAYS TO WORK WITH JEFFREY BELLOMO Contact Us:https://bellomoassociates.com/contact/ Practice areas:https://bellomoassociates.com/practice-areas/
In this Episode Kevin, Peter, and Rodney talk about hybrid asset based long-term care and how it has changed the landscape of the LTC market.Music in this episode was obtained from Bensound.
In this episode I answer a question from Gina.In a recent email from Gina, she asks the following question.“One topic I would love for you to cover is that of high case loads - and what you consider that number to be, what number is considered ideal for excellent, superior care and how to manage/re-work your visit frequencies when those loads are high.” During this episode I do cover what I consider to be a normal caseload. I explain that our caseload should really be measured by how many visits we make during a week when our goal is to see most of them at least twice per week.I explain that years of experience does play a large role in determining how many patients someone can manage at once.I review how case management changes when the majority of our patients are in LTC facilities.At the beginning of the episode I put out a challenge to those of us who are in leadership to make very attempt to stay connected to our field staff.==============================As always, don't forget to call, text or email to leave feedback! I would love to hear from you!816-834-9191James@confessionsofahospicenurse.net==============================Be sure to check out thehospicenursingcommunity.com for extra content as well as hope, help and encouragement from other hospice nurses just like you!
Pokud se vám přednáška líbila a shledáváte ji hodnotnou, prosím, pošlete dobrovolný příspěvek v krypto či korunách! Pravidelná podpora a LN: https://opristavu.urza.cz/ BTC: bc1qqs0sutxykl5h97xa0fcu4qaptvkvq5ecm52qn9 LTC: ltc1qpcnumcpvx2a77p0shkxwawc555nepy25l0n090 Číslo účtu: 2201359764/2010; variabilní symbol: 5 -- Červnovou přednášku z cyklu Anarchokapitalismus věnuji svému životnímu tématu – totiž svobodě; její studium a následné sdílení nabytých vědomostí vnímám jako své poslání. Vnější svobodu zkoumám vlastně od dětství a domívám se, že ji mám do nějaké míry poznanou i konzistentně popsanou; to o vnitřní svobodě říci nemohu, byť se o ni několik posledních let zajímám velice intenzivně. V poznávání svobody mě v posledním roce neskutečně moc posouvá Ježek bez klece (škola tak svobodná, jak jen česká legislativa anarchistům umožňuje), kde od září učím (ale čas tam trávím už víc než rok). K vnítřní svobodě mám asi více otázek než odpovědí, takže budu moc rád, když přijdete a budete sdílet své poznání; hodně efektivní formou učení je pro mě právě vedení dialogu a inspirace od jiných lidí – proto uvítám jakoukoliv zpětnou vazbu. Prezentace: https://prednasky.urza.cz/decentrala/ – Urza (www.urza.cz); autor knihy Anarchokapitalismus; tvůrce Svobodného přístavu; spoluzakladatel a hlava Institutu Ludwiga von Misese; člen předsednictva Svobody učení; učitel ve svobodné škole Ježek bez klece
In a new two-part series, several PartnersFinancial principals join the podcast to talk about long term care insurance. These special guests include: Ben Kroish, Kronish Associates, Joe Donovan, Bay Financial, Jonathon Geer, Geer Financial Services, Marty Nanne, NFP Minnesota, and Ryan Barradas, WealthPoint. In an occasionally feisty round-table discussion they cover: • Why they sell (or don't sell) LTC insurance; • The ways in which their target LTC client has changed; • How they talk to clients about LTC; and • Which products seem to resonate with clients and why
Have you been curious about starting your private practice on the side and then eventually going full-time with it? This episode of Private Practice Success Stories is for you! I sat down with my Start Your Private Practice student Kimberly Kean who did just that. In this episode, she talks about what her private practice looks like now, as well as her plans to grow her private practice by offering more services and hiring clinicians. She has a secondary dream of owning a commercial property, not just for her clinic, but as another income stream!Triad Speech Therapy opened its doors in March 2022 after Kimberly worked in various settings (SNF, LTC, and the school systems in Virginia and Kentucky). While working for a friend and mentor in her private practice in Virginia for several years, Kimberly was enlightened to see that you can make money as an SLP and enjoy some work-life balance as a mother. She enrolled in the Start Your Private Practice course in the winter of 2021, and the rest is history!In Today's Episode, We Discuss:Kimberly's journey to becoming an SLP and private practice ownerWhy we need private practices now more than everHow the Start program impacted Kimberly's private practice journeyHow long it can take to see your first clients after joining the programThe types of clients you can see in your private practiceWhere you can find your clients as a private practice ownerThe flexibility and freedom you get when you are a private practitionerThe relationships and rapport you develop with the families you work withKimberly's plan to expand her streams of income in the futureI hope you loved this conversation with Kimberly as much as I did! She wanted more control of her finances and life and she made it happen!If you would like to learn about how we work with SLPs and OTs to get set up, started, and seeing clients, please go to StartYourPrivatePractice.com and let's see if we're a fit to work together.Whether you want to start a private practice or grow your existing private practice, I can help you get the freedom, flexibility, fulfillment, and financial abundance that you deserve. Visit my website www.independentclinician.com to learn more.Resources Mentioned: Visit Kimberly's website: https://triadspeechtherapy.com/Follow her on Instagram: https://www.instagram.com/triadspeech/Where We Can Connect: Follow the Podcast: https://podcasts.apple.com/us/podcast/private-practice-success-stories/id1374716199Follow Me on Instagram: https://www.instagram.com/independentclinician/Connect on Facebook: https://www.facebook.com/groups/slp.private.practice.beginners/
In the latest episode of the #BuzzPodcast, Mark Hyder is joined by QRM's Director of Reimbursement, Megan Ussery, and Sr. VP of Integrity and Quality Improvement, Stacey Hallissey, to discuss CMS's move from the PHQ-9 to the PHQ-2 to 9 assessment model.
The people who work in state long-term care ombudsman's offices are unsung heroes for residents of nursing homes, assisted living communities, and other communal care settings, helping to amplify their voices when they aren't being heard. This week on “Elevate Eldercare,” we dive into the present and future of the ombudsman role on both the macro and micro levels. First, former ombudsman Penny Cook – who recently departed from the Center for Innovation, where she served as chief culture officer – takes a global view of the position, probing the ways that states can expand the role to achieve the twin goals of better care and overall resident satisfaction. Then Kate Poppenhagen, the current long-term care ombudsman for Larimer County, Colorado and a fierce advocate for elders, sits down with Alex Spanko to talk about the day-to-day life of an LTC ombudsman – as well as the particular need to support LGBTQ elders at this particular moment in U.S. history. Learn more about the ombudsman role from our friends at the National Consumer Voice for Quality Long-Term Care: https://ltcombudsman.org/about/about-ombudsman Explore cultural transformation services from The Green House Project and Pioneer Network: https://thegreenhouseproject.org/cultural-transformation/
In this episode I review the 3 large projects I completed in my first 4 months as administrator.I share the challenges most agencies face when it comes to tracking room and board charges for LTC patients.I review the extensive orientation program I implemented to make sure all new staff get a solid and predictable onboarding experience.The third project I completed was a revamp of our referral and admission process that ended in a 90 minute training session with the entire organization.During the show I mention the series I wrote on what to expect from your hospice nurse.You can review the series HERE. ==============================As always, don't forget to call, text or email to leave feedback! I would love to hear from you!816-834-9191James@confessionsofahospicenurse.net==============================Be sure to check out thehospicenursingcommunity.com for extra content as well as hope, help and encouragement from other hospice nurses just like you!
On this weeks LTC we discuss, shopping cart etiquette, Jags and Titans being tranchises (trash franchises), some Texas talk, and Aaron fails to not disappoint us with his trip to the Kroger.#LourRangerLineup@JohnAGauldin @JagsMan904@Heat_EdBob@Powchrisol
With Medicaid costs skyrocketing, states are taking action, mandating income taxes to provide for state-funded long term care insurance programs. This action will have a significant impact on the choices clients have for covering their long term care needs. In fact, some states are considering banning private LTC insurance in lieu of the state option. In this timely episode, Crump's Rick Stewart provides an update on which states are currently considering this action, and what you can do to serve your clients before it's too late.
On this edition of Parallax Views, progressive radio host Thom Hartmann joins the show in the first half for a 30-minute conversation about his latest book The Hidden History of American Democracy. Hartmann argues that if American citizens look back deep into the history of the United States, going back to the Founding Fathers, they will find that "democracy is in our veins" despite the country's many faults over its history. We'll delve into some of the key points of the book, the Constitution, slavery in America, the work of historians Charles and Mary Beard and Thom's criticism of it, and much, much more. In the second segment of the show, Ret. LTC. William J. Astore of the Eisenhower Media Network to discuss the British Medical Journal editorial "Reducing the risks of nuclear war". William and I will discuss the risks of nuclear war in the 21st century, Oppenheimer, William's reflection on his time spent at Alamogordo and Los Alamos, thought on the recently passed away Pentagon Papers whistleblower Daniel Ellsberg, and much, much more.
Nineteen states, including California, New York, Pennsylvania, Illinois, Michigan, and Minnesota, are considering following Washington's lead in taxing those who do not own Long-Term Care Insurance. Is this something you're ready for? I'm guessing the answer is no. Because I sure am not. As a financial coach and agent I don't have LTC in place!! For two reasons, first because up until a few years back I didn't know my family's medical history was of a concern and reason number two, I'm not in my fifties yet. Now it seems I may be making changes to my policy. So why should you consider Long Term Care? Here a four reasons why. 1) To protect their assets against the high costs of long term care; 2) to preserve their children's inheritance. 3) To make long term care services affordable, such as home health care and custodial care. 4) To provide themselves with more options than just nursing home care, and to pay for nursing home care if it's needed. Remember, Long-term care services help people live as independently and safely as possible when they can no longer able to perform everyday activities on their own. So, what should you do to avoid the possible Long Term Care tax in California? You must have a tax-qualified Long-Term Care Insurance policy following Section 7702(b) of the U.S. Code. Reach out to your personal financial advisor or agent for assistance. If you don't have one, you're more than welcome to reach out to me. Lastly, don't wait for this law to take effect. Do it now!! --- Support this podcast: https://podcasters.spotify.com/pod/show/mommymoneymatters/support
In this week's episode of the #BuzzPodcast, QRM's Mark Hyder and Megan Ussery explore the important topic of "Changes in Skin Integrity Post-Acute Care" and shed light on the newly released Standardized Pressure Injury Prevention Protocol (SPIPP) checklist.Are these changes leading us to embrace a "back to the basics" approach to skin integrity? Tune in now to gain insight and decide for yourself!
LTC is back on a rare Monday episode, we discuss the Greg Cote Show and their exciting run, how many underwear do you pack? Tornado watches, teacher attire, Pam and Mark are going to meet up, Texas finds, coffee or tea? Top 5 Jarritos flavors.
We've been getting a lot of questions about the differences between Medicare and Medicaid. It's important to understand the distinctions so that you can make the most of the benefits that are available to you. Our free workshops provide in-depth educational opportunities, and we encourage you to sign up at our website—both in-person and online learning are offered. Until then, take advantage of Jeff's easy-to-understand explanations of Medicare and Medicaid as he clarifies misconceptions about these programs and describes how to protect your assets while also ensuring essential health care. What You Need to Know (02:00) We're very excited to be in our new location at 1755 Oregon Pike, Suite 101, Lancaster, PA 17601. (02:35) Jeff and Dan Hill have written a book to be released later this year. Look for "A Fork in the Road: Modern Estate Planning Takes the Other Fork." (05:16) Medicare is health insurance for people over 65, although there are some other exceptions. It does not cover long-term care (LTC). (08:01) Medicare plus copays and/or supplemental health insurance will cover up to 100 days of care in a skilled facility. (09:28) After 100 days, Medicare benefits expire and the patient is moved to long-term care if he or she is not well enough to go home. (11:21) People with income above the income cap limit do not qualify for the in-home care waiver program. (14:20) One way for a patient to qualify for Medicaid in long-term care is to spend down their assets. Another way is to set up a trust ahead of time. (18:54) When a family has not planned ahead, we recommend attending our Medicaid Crisis Workshop. (24:08) Medicaid planning is legal. It satisfies the law as intended. You can still pay your fair share for health care but not lose everything that you have spent your life working for. About Bellomo & Associates Jeffrey R. Bellomo, the founder of Bellomo & Associates, is a licensed and certified elder law attorney with a master's degree in taxation and a certificate in estate planning. He explains complex legal and financial topics in easy-to-understand language. Bellomo & Associates is committed to providing education so that what happened to the Bellomo family doesn't happen to your family. We conduct free workshops on estate planning, crisis planning, Medicaid planning, special needs planning, probate administration, and trust administration. Visit our website (https://bellomoassociates.com/) to learn more. LINKS AND RESOURCES MENTIONED Bellomo & Associates workshops:https://bellomoassociates.com/workshops/ Life Care Planning The Three Secrets of Estate Planning Nuts & Bolts of Medicaid For more information, call us at (717) 845-5390. Connect with Bellomo & Associates on Social Media Tune in Saturdays at 7:30 a.m. Eastern to WSBA radio: https://www.newstalkwsba.com/ Twitter:https://twitter.com/bellomoassoc YouTube: https://www.youtube.com/user/BellomoAssociates Facebook:https://www.facebook.com/bellomoassociates Instagram:https://www.instagram.com/bellomoassociates/ LinkedIn:https://www.linkedin.com/in/bellomoandassociates WAYS TO WORK WITH JEFFREY BELLOMO Contact Us:https://bellomoassociates.com/contact/ Practice areas:https://bellomoassociates.com/practice-areas/
Jim and Chris sit down to discuss listeners questions relating to Social Security, annuities, LTC, Roth IRA contributions and 529 plans. (5:15) A listener from New Jersey asks if there is an income limit for being allowed to claim child in care Social Security benefits. (14:00) A Colorado listener looks for clarification on his wives […] The post Social Security, Annuities, LTC, Roth IRAs and 529 Plans: Q&A #2330 appeared first on The Retirement and IRA Show.
The LTC crew talks about the Stugotz photo from the #GBF live event in New York, Mike Golic Sr's glow up, we learn the origins of the natural loofa, tool talk and being tour guides for aliens.Salute the LeBatard Show community for donating nearly $10,000 to Camp Fiesta last week. If you would like to donate to this wonderful organization, you can do so here https://www.campfiesta.com/donate.html#LourRangerLineUp@jayher17@los_jiv@JohnAGauldin
Questions From the Flight Deck: What do we do with large retro/bonus checks? Is a cash balance plan any good? Meat of the Mission: Never spend more than they make. How? Habit Patterns... What type of spend Spend money on fun stuff; Leisure, fun, travel Don't spend money on stuff that does not add value – cut it out. YNAB, EveryDollar, or other apps. https://www.iwillteachyoutoberich.com/ Amelie Riendle Podcast (Flight #44 and Flight #27) Prepare more, plan more... What do you want to do in retirement? You can only sit on the beach or play golf so much. The #1 thing people do in retirement is watch television! Michael Finke. Know your retirement needs...it's expensive! Start a financial plan now to know your “number” for how much to save to meet your retirement financial goals. Don't let it be a lingering question. Simulate (software), practice...take some time off and live on the retirement budget. Deliberation, Planning, and Intention in and of themselves make people happier in retirement: (Michael Finke) E.g., Those that retire in accordance with their plan vs. Forced retirement. Both experience happiness, but forced retirement is a delayed happiness (3- 4 years). E.g., Those that move after retirement...not b/c they move but because they had a deliberate plan with intentionality. Control vs. Out of Control??? Michael Finke says “Invest in Imagination” Never compromise their health: exercise and eat right. Exercise not only helps you feel better in retirement but also helps mental capacity and cognitive health. Flight #58 Exercise and the Brain: The Neuroscience of Fitness Explored. “Exercise stimulates neurogenesis – the creation of new neurons – primarily in the hippocampus, influencing memory and learning while increasing key mood-regulating neurotransmitters. It also enhances brain plasticity, essential for recovery from injury and aging, and improves cognitive functions such as attention and memory.” Estimated that average couple will need $315k to cover medical expenses in retirement, excluding LTC (https://institutional.fidelity.com/app/item/RD_13569_42402/retirement-planninghealth-care-costs.html) Invest more in their relationships and always work to build new connections. (Michael Finke) “Dude...you're not as good at retirement as the women are.” Invest in relationships outside of work. Strongest predictor of life satisfaction during retirement: Relationship with your spouse – huge impact, good and bad. Highest statistical significance. Marital counseling to prepare...? (Valuable investment) Friends – Second highest statistical significance. Your kids – not as significant...statistically and FB comments online. Takeaway – Invest in your marriage...invest in friendships outside of work. Plan, prepare for taxes...it is a large (frustrating) expense What are the financial AND emotional costs of paying too much taxes in retirement? RMDs – when not needed? Legacy planning: Roth, 529, Brokerage account. Practical side: HSA, Roth, Cash, Taxable Brokerage The right mindset – what is money? It does not make you happy... Money is paper or numbers on a computer screen...E.g., bricks to build a house. Pre-Retirement: Don't allow money to make you miserable... Examples of how money ALONE has made people miserable By chasing after it too much...like a trophy Airlines are great b/c fly more = more pay. BUT... Money is a tool to reduce stress and increase your enjoyment...there are other tools! Post-Retirement: It's okay to spend your retirement money on frivolous stuff... Example, people spend from pensions but not on IRAs, 401ks. Defined Contributions versus Defined Benefit. Finke example: Mom has a pension and spends every dollar happily, but refuses/hates to draw from her IRA Understand what truly DOES make you happy in retirement – you must invest in these three things: Finances Health Relationships Realize there are things that you cannot control – Realize that you have more control (of other areas) than you realize: Example – Short-term stock market gyrations versus your own personal inflation. Example – Our country's debt crisis – saving more to prepare. Example – Higher inflation and taxes in the future – save more to prepare. If things go really badly – you'll be glad you prepared, saved, etc. Example – MGP “bad timing” scenario – 2008-type retirement for airline pilots at age 60. Be an Ant during working years and be a Grasshopper in retirement (up to a point). Though Aesop's fable is regarded as a lesson in thriftiness, “grasshoppers” are likelier to smooth their spending over their lifespans. Don't wear thriftiness as a badge of honor- you saved to consume later- hint, it is now later! (https://www.aaii.com/journal/article/grasshoppers-and-ants-in-retirement) Don't compare (especially finances) – live someone else's values. Comparison is the thief of joy! From this article: “Feelings of jealousy, frustration, and hopelessness emerge if comparisons continue. If left unaddressed, chronic anxiety and depression can stem from such behavior.” Avoid comparing other peoples' "outsides" to your own "insides" When, if ever, is it okay to compare yourself to someone else? How to prevent comparison from limiting your success and peace of mind? Even if we do not want to think about it, our mortality is real. Should we spend the money today or wait until tomorrow? How many pieces should I cut “the financial cake” into not knowing how many years we shall be here. Very few get to spend the last dollar at the last second of life. How do we create a good retirement under so much uncertainty? Consider your legacy not “at the end of life” but 50 years from now. Helps to consider mortality and legacy that you want to leave financially.