It's no secret that the healthcare and financial services industries are incredibly complicated and often don't speak easily to each other. In fact, medical bills are reported to be the number one cause of bankruptcy in the US. Health care costs represent a significant part of an individual's or family's financial landscape, especially as we age. Ignoring this critical component can lead to unforeseen financial burdens that can derail even the most carefully laid financial plans. By proactively addressing health care costs, advisors can help clients better anticipate and manage these expenses, thereby ensuring a more secure and predictable financial future.
In this episode, Shannon Rosic, director of WealthStack Content and Solutions, talks with Christine Simone, CEO of Caribou, about why health care planning can differentiate financial advisors in a competitive market.
Shannon and Christine also discuss:
- Common challenges when it comes to health care planning
- Tangible benefits for advisors and their clients
- How integrating health care planning enhances the personalization of financial advice
- How AI is changing the healthcare industry
Connect with Shannon Rosic:
Connect with Christine Simone:
About our guest:
Christine co-founded Caribou in 2020, where she serves as CEO and plays a central role in the development and delivery of their healthcare planning programs. Prior to that, she worked at CoHealth (formerly Dash MD) from 2019 to 2020 as a Customer Success and Implementation Manager. At CoHealth, she oversaw the successful implementation of their mobile platform within healthcare systems and acted as a liaison for communication with partners. From 2017 to 2019, Christine worked at eSight Eyewear as a Special Project Coordinator and Vision Advocate, where she was responsible for growing the business in a given territory and evaluating customer eye conditions. Christine's previous work experience includes a role as a researcher at Vancouver Coastal Health, where she gained valuable skills and knowledge in behavioral neuroscience and conducted research into potential new therapies.
Christine holds a Bachelor of Science (BSc) degree in Biology from the University of British Columbia.