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How Do You Know If Your Advisor Is Best Placed To Help Manage Your Nursing Home Costs?

Financial advisors who centre their business and operation around managing nursing home costs can do well within this particular niche of the market.

Retirees and senior citizens are always in need of assistance in this domain, seeing prices and rates fluctuate as the public and private sector overlap in all manner of intricate ways.

This confusion is understandable and makes it all the more relevant to engage an experienced specialist who can help their client negotiate these tricky waters as best as humanly possible.

How do you know if your specialist is the best to handle the task? Time to examine the key criteria right here.


What Are Their Credentials?

Any financial advisor who operates in the realm of nursing home costs either has to be a specialist on the subject or has a portfolio that illustrates their credentials with the craft. This is a unique skillset that requires an ability to know the market and the overlapping themes and details of the public and private sectors. If this is a key service they offer, it should be part of their credentials and listed on their website and advertising material. Don’t settle for an average all rounder when there are superior solutions at hand.


Do They Detail The Essentials?

Nursing home costs can essentially be boiled down to a number of key ingredients. This will feature the basic daily fee, bond and means-tested fee for every participant. Then there will be an accommodation fee for those individuals who enjoy over $49,500 in income and assets as well as any extra services that are calculated for recipients that can afford a higher level of service. To be on top of these financial requirements, an advisor has to detail a plan that uses these elements as the base in which to work around. There will be additional measures that can be introduced and various models that can


Can They Handle Government Departments Well?

Tax implications and subsidies for the pension are two elements that all fall under the banner of the Australian Federal Government. This is where Centrelink and the Australian Tax Office (ATO) come into play, requiring an expert practitioner who understands the terrain and issuing the right type of applications and paperwork through the correct channels. No experience in this field can present problems, causing unwanted delays to the process.


Can They Find Creative Funding Solutions?

Nursing home costs do not have to be calculated via a one-size-fits-all operating model. Clients can arrive with their income and superannuation in a handful of accounts without including any other intricate details that complicate the process, but others can have various eggs in multiple baskets. From property and stocks to investment portfolios and shares that are placed across a diverse range of outlets, these specialists can offer creative solutions to ensure that their retirement money is still going to work and expanding the pool of revenue they have for their aged care needs.


Are They Well Reviewed and Rated On The Web?

One of the most effective methods of determining the quality of a financial advisor offering techniques to manage nursing home costs is courtesy of the internet. By searching their name and brand across Google and Facebook platforms alongside industry-specific apps and sites, users can get a gauge for what constituents success with their portfolio of past clients. Those customers who were compelled to leave positive feedback will be a good indication of their skills, yet it can cut both ways as negative ratings and feedback will be a signal that their expertise is not what is advertised.



If a financial advisor passes all of these benchmarks with flying colours, then they will be in the best position to offer counsel and guidance on managing nursing home costs. These practitioners should open their doors for an obligation-free consultation, so it is a perfect setting to quiz them on these topics and make a determination on their fitness.




Why A Professional May Recommend That You Educate Yourself More Around Occupational Therapy And The NDIS


One of the hardest things for many people out there to do is to admit that they need some kind of help or support. The reason for this is because most people are raised to be brave, to be tough, and to stand on their own two feet and so when they are struggling, they will often find it difficult to reach out for aid. What society is realizing now is that it is incredibly important for people to teach their kids that life is a path that is not to be trodden alone and that it is more than acceptable to have support.

And so, there are likely some people out there who are slowly wrapping their heads around this and who are looking to implement some aid when they are suffering from some kind of illness, injury, ailment, or disability. In some cases, people may be a carer of someone. So for readers who may be in a position where they are needing to implement some kind of support, here is why a professional may recommend that you educate yourself more about occupational therapy and the NDIS.


A professional may recommend that you educate yourself more around occupational therapy and the NDIS when you are wanting to get back into the work force

There are all sorts of reasons why people feel that they are not able to work and often this is because they have had a bad experience in the past. Perhaps someone obtained an injury in the work place and then found that their bosses were bullying them or were making small comments about faking their injury. This type of behavior can be extremely harmful and will often lead to people suffering from depression, anxiety, and low self-worth.

When people feel this way, they will often take time off work only to never return as they feel like they are unable to contribute with their injury as well as their now mental barriers. Thankfully, there are many people out there who want to get help and so will take the steps to healing by seeing a counsellor or Psychologist. When they do this, it may be recommended that they educate themselves more around occupational therapy and the NDIS as they may find it helpful when they want to return to the workforce.


A professional may recommend that you educate yourself more around occupational therapy and the NDIS as you may be able to implement more sessions and so make more progress

One of the most frustrating things that can happen is when people feel like they are making some leeway when implementing some kind of service but can then no longer afford to continue with it. When people find themselves in this situation they may find that they are recommended to educate themselves more around occupational therapy and the NDIS. This is because, depending on their circumstances, they may be entitled to some support from the government and so are able to continue on with their sessions.

In some cases, they may be able to obtain a few sessions for free throughout the year or they may simply be able to receive a big discount. Whatever the case may be, this is usually a huge help and will give people the spring board that they need to live life the best that they can moving forward. Because of this, it is well worth it for people to educate themselves more on the topic of occupational therapy and the NDIS.

Things About Health Plan That No One Ever Talks To You

Today you can not have the quality of life without a health plan to call your own. If abroad, even with some of the best public health systems in the world, projects have a fundamental complementary role, imagine in Brazil with all the scrapping of SUS.

However, as much as we talk about it, there are several things we do not often hear about health insurance. Now look at 10 of them and pay more attention to your rights.

1 – When the expenses of the companion are guaranteed by law

The law requires that the health plan cover the costs of caregivers of patients under the age of 18 and over 60 and persons with disabilities, in addition to urgency and emergency care.

2 – What is a health insurance plan Reference

Operators are required by law to offer a referral health plan, which includes outpatient and hospital medical coverage. There is coverage of consultations, exams, and delivery, with accommodation in the ward in case of hospitalization. There is, however, no dental care coverage.

3 – Plan cannot charge a membership fee

According to Procon-SP, the collection of membership fees is irregular. The operator can only charge the monthly payment.

4 – Operator may require medical expertise

It is the operator’s right to require medical knowledge. The cost, however, must be covered by the operator itself in the sale of the health plan.

5 – the Family business plan cannot be canceled

Business plans can be canceled by the operator or by the customer at any time. For this, it is enough that the collective agreement has at least one year of validity. The breach must be notified to the other party 60 days in advance. Otherwise, the fine is R $ 80 thousand.

However, the STJ opened case law to a family that had contracted the business health plan through MEI (CNPJ). The Court understood that, in practice, the health plan operated as a family plan. In this way, the family does not have the same bargaining power as a company.

The individual or family plans can only be canceled by the operator in case of fraud or delay of more than 60 days in payment.

6 – The Business plan will have portability of grace

Beginning in June 2019, the rules of need for clients who want to change their health plan or operator will also include beneficiaries of collective health plans.

The portability of shortcomings began in 2009, only for recipients of individual or family plans. Subsequently, it was extended to the collective plans for membership, and after that, the special portability of needs for special situations arose, for reasons beyond the control of the beneficiary.

Today, business plans represent almost 70% of the market and have the same coverage of other plans.

7 – Lying to the health plan is a crime

Health plan contracts are based on the risk of each contractor and also on the good faith of the consumer. Therefore, lying to the health plan is a crime, provided for in article 171 of the Brazilian Penal Code. The penalty is 1 to 5 years imprisonment.

Thus, hiding or failing to report diseases and medical conditions, therefore, can be framed as a crime of stellation, even if the disease has already been cured.

8 – Plan can be maintained after dismissal without just cause

Whoever is dismissed from work without just cause is entitled to keep the health plan. You can stay on the plan for a third of the time you were a beneficiary for the company, once the minimum limits of 6 months and maximum of 2 years have been respected.

9 – Retirees can keep the health plan for as long as they wish

Retirees who have had more than ten years of contribution to the business health plan can keep it for as long as they want. For periods of less than ten years, one year of coverage is valid for every one year of contribution.

10 – Disabled or elderly cannot be prevented from contracting a health plan

The operator can not make it difficult or refuse to make a health plan under any circumstances, whether for reasons of age or health. Everyone must have equal access to the programs, according to the law.