Tom West and Arvette Reid are back to explore the money-talk taboo. Today, they discuss why professionals in the senior housing and healthcare industry are uncomfortable with talking to their clients about money.
Using Arvette’s valuable first-hand experience in the healthcare industry, she and Tom discuss:
- Reasons why healthcare professionals may have a low comfort level with money-talk
- The challenges with clients’ lack of understanding around their future healthcare costs
- How administrators or executive directors can use lifecare affordability planning to help clients
- A real-life success story about using lifecare affordability planning to bridge the gap between healthcare and finances to get a client the best care possible
- And more!
Click below to tune in now for another insightful episode about money-talk barriers and the importance of breaking them down.
Click here to read full podcast transcript.