Multi-State homeowners may come across some unique healthcare considerations. Here are some important healthcare considerations to keep in mind:
- Health insurance coverage: Review your health insurance coverage to ensure that it provides adequate protection in all the states where you own homes. Some health insurance plans have limited coverage or networks outside of your primary residence’s state. Consider a plan that offers nationwide coverage or explore options for supplemental insurance if needed.
- Access to healthcare providers: Research and identify healthcare providers in each state where you own a home. Find primary care physicians, specialists, hospitals, and clinics that can meet your healthcare needs. Consider factors such as proximity, reputation, and availability of services.
- Medical records management: Maintain a centralized system for managing your medical records. This can be especially important when seeking care in different states. Ensure that you have copies of your medical records readily available or consider using electronic health record systems to easily share information between healthcare providers.
- Prescription medication management: If you require prescription medications, ensure you have a reliable system for managing refills and ensuring continuity of care. Speak with your primary care physician about options for obtaining prescriptions and consider using mail-order services if necessary.
- Emergency preparedness: Develop a plan for emergency situations, considering both your primary residence and any secondary homes. Research nearby hospitals and emergency services in each location. Keep emergency contact information easily accessible and consider sharing it with a trusted family member or friend who can assist in case of an emergency.
- Telehealth options: Explore telehealth services that allow you to access medical professionals remotely. Telehealth can be especially useful when you’re in a different state or unable to visit a healthcare provider in person. Familiarize yourself with telehealth platforms and ensure that your health insurance covers these services.
- Medicare considerations: If you’re eligible for Medicare, understand how it works across state lines. Original Medicare generally provides coverage nationwide, but Medicare Advantage plans may have specific networks and coverage limitations. Review your plan’s details or consider consulting with a Medicare advisor to ensure you have appropriate coverage in all states.
- Advisors to address your specific needs and circumstances. They can provide personalized guidance and ensure that you have appropriate healthcare coverage and access in all the states where you own homes.
*Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Stephens Consulting, LLC, doing business as Stephens Wealth Management Group (SWMG), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.
Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. You should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Stephens Consulting. Kindly keep in mind that as a SWMG client, you are accountable for notifying us in written form about any alterations to your personal/financial circumstances or investment goals. This is necessary for us to reevaluate/assess/adjust our prior advice and/or services, or if you wish to establish, include, or modify reasonable constraints to our investment advisory offerings. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to your individual situation, you are encouraged to consult with the professional advisor of your choosing.
SWMG is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice. A copy of SWMG’s current written disclosure Brochure discussing our advisory services and fees is available for review upon request. Links are being provided for information purposes only. SWMG is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. SWMG is not responsible for the content of any website or the collection or use of information regarding any website’s users and/or members. Important Disclosure.
Please Note: Stephens Wealth Management Group does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to SWMG’s website or newsletter or incorporated herein and takes no responsibility for any such content. Finically, the information provided serves purely for convenience and users should follow it accordingly.