The Nationwide® Health Care/LTC Cost Assessment creates a personalized cost estimate, helping you and your clients better plan for the income they'll need to cover health care costs throughout retirement.
Why planning for health care costs in retirement is so essential
Clients often overlook or underestimate health care costs. It's important to know what Medicare covers and what it doesn't, then build a plan to help cover recurring costs such as out-of-pocket premiums and co-pays.
Health care needs are often hard to talk about. Aging brings many challenges, and talking about one's mortality can be intimidating and emotional for some.
Costs may make up a sizable amount of some retirees' monthly spending needs. Building a personalized plan to help cover costs can help put a client's mind at ease. Consider variables such as medical conditions and the state where they'll reside in retirement.
The cost of care has been difficult to estimate. Planning for health care costs is critical — and challenging. That's why we offer trustworthy resources you can use to get a more accurate picture of a client's expenses.
The Nationwide® Health Care/LTC Cost Assessment
This tool can help you estimate your client’s future health care costs. Our partnership with HealthView Services uses actuarial science to deliver a customized report. By completing our fact finder with client-specific information, you will receive a report that:
Forecasts their health care expenses
Estimates their annual Medicare and out-of-pocket expenses
