The Intersection of Healthcare and Finance with Christine Simone

Healthcare is a top financial concern for most Americans, yet few financial planning strategies exist to optimize healthcare costs. This gap creates an opportunity for advisors to strengthen their service offerings, deepen client relationships, and drive positive outcomes. By integrating healthcare planning software that gives a custom analysis of client's current and future healthcare costs, advisors can offer a truly comprehensive financial plan that allows clients to navigate the healthcare system with peace of mind.

‍In this episode, Jack talks with Christine Simone, CEO and Co-Founder of Caribou. Christine has extensive knowledge about health insurance, incentives, and payment structures. Her goal is to provide financial clarity for clients by optimizing healthcare planning and helping them make smarter decisions about their healthcare costs.

Christine talks about how she helps clients optimize their healthcare plans and the importance of realigning healthcare needs, especially during major life events. She also shares how healthcare is important to comprehensive financial planning and how Caribou provides unbiased advice to advisors and clients.

Key Takeaways

• [01:53] - How Caribou serves clients
• [03:45] - How Christine helps advisors
• [07:27] - Christine's journey to becoming an expert in healthcare and finance
• [09:27] - Caribou's role in the rapidly aging baby boomer population
• [12:39] - How Caribou helps advisors navigate healthcare planning
• [15:05] - An example of how Caribou provides value to its clients
• [18:19] - Caribou's business model
• [20:08] - Christine's thoughts about the future of healthcare in financial services
• [21:24] - Christine's key takeaways
• [23:21] - Christine's interests outside of work

Quotes

[02:32] - "It's really important to realign your needs with the health plans offered in the market. Even if your needs haven't changed, it's possible that the plan that you're on changes every single year." ~ Christine Simone

[08:17] - "We truly believe that the financial advisor is best positioned from an incentive structure to help clients understand their healthcare costs and support them through this decision." ~ Christine Simone

[20:58] - "As an advisor, it's your role to help clients make smarter decisions, reevaluate and optimize their costs, save money, and make smarter financial decisions related to their healthcare, just as you help them with their investments." ~ Christine Simone

Links 

• Christine Simone on LinkedIn
• Caribou Wealth
• Medicare
• Salesforce
• Redtail Technology
• Dallas Cowboys
• Toronto Maple Leafs
• Manchester City FC

Connect with our hosts

• LifeYield
• Jack Sharry on LinkedIn
• Jack Sharry on Twitter

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