Thankful to move on to 2021
Diane shares what's changed in the LTC industry in 2020. How are consumers responding to these changes? How does the Secure Act affect our LTC planning and funding strategies going forward?
Preparing For Tomorrow podcast
Diane Stoddart, Certified Long Term Care Consultant, will show you how to protect your family and loved ones from the financial, physical and emotional burdens and consequences when long term care is needed.
In each episode, Diane will help you to navigate through long term care concepts, terms and options and to discuss what strategies are available that can best protect both your family and your nest egg.
We will invite guests to sit with us and share ideas regarding various parts of our lives as they relate to long term care planning.
en161 Episodes
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Episodes (161)
Can someone age 81 get LTC coverage?
This week, Sharon and her daughter Michelle want to know if there are any insurance options for a healthy 81 year old. Listen to Diane's reply and ask your questions so we can continue to help others learn how to Prepare For Tomorrow. Merry Christmas to you and all whom you hold dear in your hearts.
Will LTC insurance pay for home care only in my own home?
This week, Joy asks if she can use her LTC plan to pay for home care if she lives somewhere other than the home where she currently resides. Specifically, she wants to move to a Continuing Care Retirement Community (CCRC). Diane shares how LTC insurance pays for home care services. What questions do you have? When you ask, you are helping us to help others who also want to learn how to protect their family from the immeasurable cost of an extended care need.
When is it too early to buy LTC coverage?
This week, Quint Bodine with Heartland Payroll Service asks when is it too early to buy LTC insurance. Please like, review, subscribe and share so others can learn how to protect against this immeasurable risk. We'll send Quint a gift to say thank you this week, and we can send one to you if we use your question in a future episode. Ask at
What's the benefit of a single pay linked benefit plan?
This week, Diane continues answering Jennifer's question from last week and discusses single pay linked benefit or hybrid plans. There are multiple companies that offer these plans, and they all look a little different. For time's sake, we only discuss one company and one combination of benefit options here. Go to to request a free consult from the Contact Us tab to learn if and what options are best to protect your family.
What's the benefit of a single pay LTC plan?
This week, Jennifer in Illinois inquires about the value/benefit of a single pay LTC plan. There are a few advantages to paying a lump sum up front, which Diane shares in this week's episode. For asking, we'll send her a gift to say thank you for helping us help others. Ask your question at and we'll send you a thank you gift as well.
Is there a plan that can help my wife, who is in a wheelchair?
This week, Don wants to know if there is an LTC plan that can help his wife, who is not eligible to buy her own policy. Diane shares options that can help Don's wife when he is on claim so that both of them can access his benefits. For asking, we'll send Don a thank you gift. Ask your questions at the Contact Us tab at and we can send you a thank you gift as well.
How much does LTC cost?
This week, Brenda wants to know how much long term care costs. She wants to know what financial risk her family would take by not having a plan and a funding strategy in place. For asking, we'll send Brenda a thank you gift. Ask your question from the contact us tab at Please listen, subscribe, comment, like and share
What is an elimination period? How does it work?
This week, Mike in New Jersey asked how the elimination period works. Is it cumulative? Do I have to pay it every time I access LTC benefits? Diane affirms that many people are confused by the elimination period in a long term care insurance plan, and she shares how it is different than other deductibles used in other types of insurance. We'll send Mike a gift to thank him for bringing important questions and answers to our listeners. Ask your question at so we can thank you, too.
Why is there a waiting period if I change medication?
This week, Liann in Tampa, Florida, askes why she has to wait to apply for LTC insurance because her doctor recently adjusted the dosage of a medication she takes. Diane shares why stability is important to the insurance companies and why waiting a few months can help us obtain a favorable decision, ie: approval for coverage.
Pain is the Motivator
This week, Diane talks with Dr. Tommy Lane with Lane Family Wellness & Chiropractic. He shares that pain is the motivator for people to come see him. We wait until life is disrupted and then want a quick fix. Wellness care involves maintenance to prevent acute pain from becoming chronic. Planning for future LTC needs is similar in that we naturally want to wait to spend money on something we hope never happens. In both cases, waiting creates bigger problems and bigger expenses.
How much is enough LTC insurance?
This week, Trish asks how much is enough insurance when LTC is needed. Diane shares some planning ideas she works through with her clients to determine just how much is enough. For asking, we'll send Trish a thank you gift. Ask your question at using the Contact Us tab.
How does COVID - 19 affect the LTC industry?
This week, Mary asks how COVID affects her ability to buy an LTC plan and how the industry may be changing. As a thank you for asking, we are sending Mary a thank you gift. Ask your question at so we can thank you as well.
You Drive...We Navigate
This week, Diane shares her process to understand her clients and help them navigate through a somewhat confusing assortment of options when designing a long term care plan. She interviews Renee Brunelle with Pathfinders Downsizing Solutions and explores how to best transition from home to a senior living environment that still feels like home.
Will insurance companies help my family find help when I need it?
This week, Sue from Seattle, WA, is concerned that her son will need help getting questions answered and finding care providers when she goes on claim. She wants to know if insurance companies will help. For asking, we'll send Sue a thank you gift. Ask your questions at and we can thank you for helping us guide families to be protected against the immeasurable risk of needing extended care.
Can I stop the benefits and restart later?
This week, Robyn from Englewood, Florida, asks a two part question: If she stops needing LTC benefits, can she stop and restart them later? And if she does, will she need to pay another deductible? For asking, we'll send a thank you gift to Robyn this week. Please ask your questions at click the contact us tab and ask in the remarks section. We will be sure to thank you as well.
Seek an Expert
This week, Diane shares why it's important to seek out an CLTC professional when considering our LTC planning options. She welcomes Jennifer Jenkins with Rooted Holistic Health back to help us learn how to find answers based on facts rather than opinions, and to understand why we need to prepare for a long life.
Is there an overlap with Medicare and LTC insurance?
This week, Ron & Gloria ask if there is any overlap between what Medicare pays for care and what LTC insurance pays. People often get confused in this area, and Diane answers with an example from her own family. Thanks Ron & Gloria! Your thank you gift is on the way! Ask your question in the Contact Us tab at www.preparing4tomorrow.com
What is an LTC Partnership Plan?
This week, Kirstin asks about Partnership Plans. She asks if this is when two people partner to share the plan's benefits? We will send a thank you gift to Kirstin for asking. Ask your question at at the contact us tab, and we'll send you at thank you gift.
Can my spouse use my plan if I don't?
This week, Joe in Orlando asks if his wife can use his LTC plan if he never needs extended care. Diane shares multiple options that let spouses share benefits. We're sending Joe a thank you gift for asking. Ask your question at or during the Q&A part of our Zoom webinar this Saturday at 9 AM. Use the Contact Us tab to request a link