Episode 8 | How Health Insurance Works for Assisted Living
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson shares insights on various insurance options relevant to assisted living businesses. Brandon covers the distinctions between Medicare, Medicaid, and long-term care insurance. He also explains the funding processes, application protocols, and the potential for creating a successful assistedmliving business. Special attention is given to common misconceptions and practical tips for leveraging these insurance programs to benefit both providers and residents.
00:00 Introduction to Assisted Living Investing
02:26 Understanding Medicare for Assisted Living
04:28 Navigating Medicaid for Assisted Living
09:27 Exploring Long Term Care Insurance
12:39 Handling Private Pay Residents
14:03 Other Funding Opportunities and Conclusion
Resources Mentioned:
Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator.
Get your free business plan checklist today: https://urlgeni.us/alibpc
Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind
Apply for a free strategy call today: https://urlgeni.us/alistrat
Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM
Get the 12 Week Year Book: https://amzn.to/4bAOpQf
Courses:
- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala
- Do you need help building your business plan: https://urlgeni.us/alibpg
FREE Resources:
- Business Plan Checklist: https://urlgeni.us/alibpc
- Calculator: https://urlgeni.us/alicalc
- Lease Agreement Template: https://urlgeni.us/alila
- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath
- Grant Writing Template: https://urlgeni.us/aligrant
Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590
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