Biomedical

10/24/2025

https://www.tiktok.com/t/ZP8AwTxn4/

329 likes, 10 comments. “💓💓💓I LOVE THAILAND! I LOVE THEIR BEACHES AND ISLANDS! I LOVE THEIR CULTURE! I LOVE THEIR FOOD! AND I LOVE THAI PEOPLE! KAP PUN KA!!!🥰👑👑👑🔥🔥🔥ZIN ANDY AND DADDY G😍😍😍😁😁 🔥🔥🔥ZIN ANDY AND DADDY G😍😍😍😁😁 ゚v...

10/13/2025

https://www.facebook.com/share/1H6YiqGpsS/

"I cry and sob, and I say to myself, f*** it, that’s it. I’m giving up." ... Full story 👇

10/12/2025

1. Creating generational wealth refers to the process of building and transferring wealth from one generation to the next, typically within a family. This concept involves strategic financial planning, investments, and wealth management to ensure that wealth is preserved and grows over time, benefiting future generations.

2. Some common strategies for creating generational wealth include:

a.

Investing in assets that appreciate in value, such as real estate or stocks.

b.

Building businesses or investing in entrepreneurial ventures.

c.

Creating trusts or other estate planning vehicles to manage and transfer wealth.

d.

Investing in life insurance policies, as mentioned in the Facebook post, to provide a financial safety net and lock in low premiums.

e.

Educating family members on personal finance, investing, and wealth management to ensure they are equipped to manage and grow the family's wealth.

3. By implementing these strategies, families can create a lasting legacy of wealth that benefits future generations.

10/12/2025

https://www.facebook.com/share/1JzDteFJjS/

Susan "Suzie" Smith, a flight nurse who was onboard a medical helicopter when it crashed onto Highway 50 in Sacramento earlier this week, has died, her employer confirmed. https://abc7.la/48YRLOM

10/11/2025

https://www.facebook.com/share/r/17EyGe6XTW/

10/09/2025

4. Coverage Types of Long-Term Care Insurance policies can cover a wide range of services across different care settings:

a.

Facility-Based Care:
i. Nursing homes
ii. Assisted living facilities

b.

Home-Based Services:

i. Home health care
ii. Personal care aides
iii. Homemaker and chore services

c.

Other Supports:
i. Respite care
ii. Adult day care
iii. Durable medical equipment

5. Policies may offer reimbursement or indemnity (cash) models, with daily benefit limits and lifetime caps. Consumer Protections

a.

The NAIC Model Act includes several safeguards:

i. Guaranteed Renewability
ii. Insurers cannot cancel coverage due to age or health changes.

b.

Inflation Protection:

i. Must be offered at the time of purchase.

c.

Nonforfeiture Benefits:

i. Optional feature that preserves some value if the policy lapses.

d.

Clear Disclosures:
i. Outline of coverage and exclusions
ii. Explanation of benefit triggers and elimination periods

e.

Rate Stability Requirements:

i. Insurers must justify premium increases with actuarial data.

6. Strategic Note for You. If you're modeling scenarios or advising clients, these standards are essential for determining tax-qualified status, Health Savings Accounts eligibility, and compliance with state regulations. They also help clarify the actuarial assumptions behind policy pricing and benefit design.

10/09/2025

1. Policy Standards, Defines what qualifies as Long Term Care insurance, including benefit triggers, coverage types, and consumer protections?

2. Here's a detailed breakdown of the policy standards that define what qualifies as Long-Term Care (LTC) insurance under the NAIC Model Act and related federal guidelines.

a.

What Qualifies as Long-Term Care Insurance. To be considered a tax-qualified Long-Term Care Insurance policy (under IRC §7702B and NAIC Model Regulation), a policy must meet specific standards in three key areas.

3. Benefit Triggers are determined when the policyholder becomes eligible to receive benefits.

a.

Activities of Daily Living (ADLs): Most policies require the inability to perform at least two of six Activities of Daily Living without substantial assistance:

i. Bathing
ii. Dressing
iii. Eating
iv. Toileting
v. Transferring (e.g., from bed to chair)
vi. Continence

b.

Cognitive Impairment:

i. Policies must also cover severe cognitive impairment, such as Alzheimer’s or dementia, even if Activities of Daily Living can still be performed.

c.

Assessment Protocol:

i. Eligibility is typically determined by a licensed health professional (e.g., nurse or social worker) using standardized forms.

10/09/2025

3. Life settlements involve selling an existing life insurance policy to a third party for cash. When Long-Term Care needs arise, this can be a funding strategy but it’s nuanced.

a.

Key Interactions Policy Type Matters:

i. Only permanent policies (e.g., whole life, universal life) are eligible for settlement.

b.

Long-Term Care Rider Impact:

i. If the policy includes an Long-Term Care rider, its value may be higher but the buyer must understand the benefit triggers and limitations.

c.

Regulatory Complexity:

i. National Association of Insurance Commissioners standards help define what counts as Long-Term Care coverage, which affects valuation and compliance in settlement transactions.

d.

Modeling Opportunity You could build a decision matrix:

i. Compare cash value vs. settlement offer vs. Long-Term Care rider payout.
ii. Factor in tax implications, Medicaid eligibility, and policy lapse risk.

e.

Strategic Toolkit Ideas are a few modeling concepts you might explore:

i. This is exactly the kind of nuanced, compliance-aware modeling that sets your work apart.