Nationwide Providing New Resources to Advisors to Help Clients Navigate Life in Retirement
One of the biggest challenges many retirees face is simply navigating life in retirement. While financial advisors can provide a roadmap to fulfill financial needs, many can't help when their clients bring up life challenges - such as finding a home for elderly parents, resolving healthcare issues and accessing counseling services.
On
Nationwide is the first financial company to offer this service outside of an employee assistance program*.
"Nationwide is committed to trying new things to help Americans prepare for and live in retirement," said
The Nationwide Care Concierge Program extends the benefits Nationwide associates currently receive, such as health advocacy, counseling and access to legal services, to members of select Nationwide variable annuity products (Destination Navigator 2.0, Destination All American Gold 2.0, Destination Architect 2.0 and Destination Freedom+).
The Care Concierge service will be administered by West's Health Advocate Solutions, a leading clinical healthcare advocacy provider. It is estimated that Care Concierge will initially be available to 25,000 members, increasing to more than 30,000 members by the end of the first year. In addition to contract owners, the program extends to their spouses, dependent children, parents and parents-in-law.
Some of the members' new benefits include:
* Help for members who are turning age 65 as they navigate the complex Medicare system
* Find doctors or specialists and make appointments - especially useful as retirees have health issues or move to new cities
* Research and review medical treatment options
* Help with arranging care for aging parents or adult children
* Counseling services to help with personal issues, life transitions or grief after the passing of a loved one
* Managing health insurance claims and billing issues
* Access to legal services for help with minor legal questions and issues
* Concierge services for vacation or event planning, entertainment recommendations, gift ideas and more
"
About Nationwide
Nationwide, a Fortune 100 company based in
XLIT Ltd. Announces Amendment of Early Tender Date, Withdrawal Deadline, Price Determination Date for Its Previously Announced Tender Offer for Its Outstanding 5.500% Subordinated Notes Due 2045
Starr Companies Promotes Richard Bessinger to Chief Underwriting Officer of Starr Domestic Insurance Companies
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News