Rethink Healthcare - Mental Health Awareness

Episode Transcript

Speaker 1 (00:01):
Hi's Brian Thomas with John Roman from Cover Since me
there's another edition, Rethink Healthcare Together Cover Since you can
find them online at coversincey dot com and you're going
to want to there's a form online you can fill
out to talk about maybe them finding a better way
for medical insurance with hundreds of medical insurance companies out
there in thousands of policies. John on the team known
for the ability to save you a lot of money
on a payment basis, but also getting new better medical

(00:23):
insurance coverage and also life insurance. Last week, John and
I discussed life insurance Life Insurance Awareness Month, believe it
or not, that's what September is. So it's I think
it was such an informative segment on life insurance John,
before we pivot over to September being suicide prevention and
awareness month, and how that ties in with what you

(00:43):
do once you do a quick recap of the life
insurance key points we talked about last Sunday.

Speaker 2 (00:49):
Yeah, So it's just some of the things I think
about is that you know, nearly fifty percent of Americans
right now are either uninsured or underinsured when it comes
to life insurance, and most people because they don't have
those conversations right, and that's why it's so important to
at least have a conversation to see if you're set
up properly and then make sure that you have enough
for the rest of your life. On top of that,

(01:09):
you know, most people think about life insurance as being oh,
this is something that I'm getting from.

Speaker 1 (01:13):
My employer, or I have enough.

Speaker 2 (01:15):
And the biggest thing take key takeaways from last week
is looking at life insurance policies that work for you,
not just your beneficiary. So things like critical illness coverage,
life insurance policies that tie in things like long term care,
or even looking like you know, looking to the policies
like we talked about last week. The iuls which build
up cash are amazing that you can actually utilize the

(01:36):
money any point in your life and you can take
loans out against it and not pay taxes on it.
And that's a form of whole life policy. It is
a form of whole life policy. Yeah, but you know,
these are really things. It was funny because we had
a huge discussion after last week just about how those
really work in detail. But you know, these are policies
that you know, you can take out any point in
your life, and you can actually grow that cash value

(01:57):
and utilize that money later on in life, and you
can take loans out of it, and it's one tax free.

Speaker 1 (02:03):
So this and this operates exactly like a four to
one K plan in the sense that the money that
you're putting in isn't invested. It's invested, so it's growing.
You're going to return on investment with the interest and
the appreciation, the uh, you know, money making money for
you year after year after year. And so, but unlike
the four oh one K plan, there's that giant pile

(02:24):
of invested money that at any time you grab it,
pull it out. It's called a loan, but you don't
necessarily have to pay it back and you're not taxed
a dollar on it.

Speaker 2 (02:32):
Still can't believe this exists. That's a concept, and then
so many people are utilizing it now there's no capital
gains tax or any that's no no is it because
they haven't discovered it yet. Our awards and I know,
as I'm afraid you talk about it, he's going to say,
and here's the biggest thing. Everyone talks about it. If
you listen to any podcaster, any multimillionaire. You look at

(02:54):
these guys that are making over one hundred million dollars
a year, how they structure their businesses. They'll usually even
tie IUL policy as its own entity. They'll even take
on an LLC as an eu L and put it
into the the own LLC entity as part of their
how they do their real estate holdings, they utilize that
money to use as a down payment purchasing other properties

(03:15):
so they don't have to touch their own money and
then and then use the bank's money. So, I mean,
there are so many ways to do this, and if
the guys that are uber rich are taking advantage of it,
I'm letting you know that we can too. Yeah, the
average working person. Yeah, but the average working person can
utilize this too. And if you're self employed and you're
sitting there like, man, I don't I put my like
six grand to my roth ira every year? But well,

(03:37):
I'm not doing anything else or retirement, and I don't
know anything about stocks like these are easier ways to
do it, and they're safer. You can't lose money on
these plans.

Speaker 1 (03:45):
That's another important fact. It's worth bringing back up. It's
a guaranteed no loss.

Speaker 2 (03:49):
Guarantee no loss, and you know they have very competitive
especially in today's market, the interest rates, very competitive interest
rates on these things. So it really behooves you at
this point to say, hey, I'm maybe I need to
look at another opportunity to or maybe start planning for
my future for both ways, because the life insurance and
planning for that ultimate demise to help your family. But
you know, hey, this is something that you can take

(04:11):
money out on. So I always I'm a firm believer
you want to take out policies and look at things
that have multiple ways of use, not just life insurance
policies that you're never going to get any monefit out of.

Speaker 1 (04:22):
Yeah, somebody else will get that. That's right, you're not.
That's right. Well, and let's not overstate or overlook the
very important part that you mentioned last week, which was
consider getting one of these policies for your children.

Speaker 2 (04:36):
Yeah, I mean we hit on this, you know, very hard,
because why I wanted to bring it back up it
sounds so great. No, I mean put it on your kids, right,
I mean, you know, I look at my son right now,
and he's in college and I'm paying his student loans. Right,
but we're still on the hook. If there was a loan,
we would be on the hook for it, right. Well,
I had a life insurance policy on him when he
was a baby, right so that there's more than enough

(04:57):
life insurance. If I had to take loans out to
pay for a college education, if something happened to him,
there's enough money there to pay back those loans. I'm
out of the hook for him.

Speaker 1 (05:05):
But if it's also if it's in his name and
it's one of these term policies like you were talking about,
there's a huge chunk of cash in there.

Speaker 2 (05:11):
Maybe by the time. Yes, so his his his is
an iu L. We've been overfunding it. Yeah, so yeah,
So basically the goal here is, you know, once he's
out of college, you know we're going to turn that
over to him. I mean, there's there's tens of thousands
of dollars sitting into that account, and you know, if
he wants to keep funding that over the course of
the rest of his life, I've built that out that
if he funds it the way I'm showing him, I mean,

(05:32):
he's gonna have over a million dollars in that account
by time he turns sixty five. But let's say he
just wants to wait till thirty and buy a house.
He'll have tens of thousands of dollars in there that
he can take out a loan on and put his
down payment of his house.

Speaker 1 (05:44):
Not taxable, not taxable, not taxable. I can't believe that.
So it's just it's just forward thinking.

Speaker 2 (05:50):
And you know, as a father when they grandfather, you
know when I'm hoping.

Speaker 1 (05:56):
But I mean, it's.

Speaker 2 (05:57):
It's something that we're going to do for every generation
of our family, because like I always say, is like
they don't remember the two year old doesn't remember the
lego you got them. My son barely remembers what I
got them last year for Christmas, Right, But I mean
I guarantee you when they graduate college and I hand
that money over to on that policy and they're like, Dad,
I have this, like oh my god, Like he's.

Speaker 1 (06:19):
Gonna thank you. He's gonna remember the rest of his life.
Oh without question. Yeah, that's a banner day when someone's
got your hometown payment covered for you didn't even realize.
All right, Well, there's your recap from last week's discussion.
A more broad, elaborate discussion on the importance of life insurance,
it is absolutely affordable and as John and the team
will explain to you when you're going through this discussion,

(06:41):
depending on who you are, what you're doing, where you
are in your life, how much you're making, whether you're
an independent business owner or just someone who's ability to employee,
there's the appropriate life insurance out there for you, and
a lot of things that they will think of and
bring to your attention that you, when contemplating life insurance
and your ultimate demise, might not even consider. I was
really gonna light in the last week. Is a great

(07:01):
segment pivoting over to something a little bit more somber
and a little more depressing reality though it is suicide
and Mental Health Awareness month in September. Yeah, how does
this tie into what you do?

Speaker 2 (07:14):
John Roman, Well, it's healthcare, right, I mean, at the
end of the day, Brian, it's you know, setting up
our clients their right way so that when they need
access to care, it's available to them. And you know,
I'm a big stats guy, because I'm a big numbers
guys you as you know this show that, so I
always like to look at, you know, what the leading causes,

(07:35):
what's going on. You know how am I better going
to be able to serve my clients and making them
aware of their situations. But you know, suicide is the
eleventh leading cause of death in the United States, with
the most fifty thousand people in twenty twenty two.

Speaker 1 (07:47):
Here's a bigger issue.

Speaker 2 (07:48):
One in five adults experience mental health illness every year, right,
and then at least the surprise it's only one in five. Well,
I think it's just what's reported, you know. I think
you're still a sticking.

Speaker 1 (07:59):
Like crimes that you don't let the cops know it's
not going to be written down or they play down
as a speeding ticket. Yeah, there's a show up at
the right. That's right, it was homicide, but they told
us to make it a lesser offense. That'll get that
love job a little bit longer rolling through instead. But yeah,
exactly so. But it's you know, we all we all
deal with it at some level. You know, maybe it's

(08:20):
not total depression, but maybe it's more along the lines
of like I don't know how to communicate properly with
my spouse. You know, I look at it, married twenty years,
right almost at this point, But it's like that's.

Speaker 2 (08:31):
Not the same person I've ever met when at the
beginning and things change, and sometimes you need counseling, you know,
to help you get through things.

Speaker 1 (08:38):
I see.

Speaker 2 (08:39):
That's so much to today. And guess what, a lot
of health plans don't have access to these things.

Speaker 1 (08:45):
Or it's very limited or like and.

Speaker 2 (08:48):
That's that's a huge thing that most people don't really realize,
especially because so many people on the marketplace. I mean
you're talking about combcare marketplace coverages. You know, access to
care on a lot of health plans today is fairly limited,
narrow networks. A lot of a lot of our local
resources don't actually have the infrastructure for the people that

(09:10):
are going through mental heal illness.

Speaker 1 (09:11):
So not taking new patients, overwhelmed.

Speaker 2 (09:14):
Or they're like, hey, we'll talk to you in six months,
Well what happens in that six months when you're not
getting help exactly?

Speaker 1 (09:19):
Right? Mean, mental health is something you can't put on
I mean, especially if you're studying. I know that you
can go to a hospital emergency room if you're really
struggling with suicidal ideation that kind of thing, you can
get emergency help. But if you need to deal with
multiple sessions and need to work through your problems and
difficulties with a psychiatrist or a psychologists and your plan
limits it to what ten visits or something like that,

(09:39):
you may not get the remedy that you're looking for,
the help that you need one percent.

Speaker 2 (09:43):
And hopefully you know the awareness is there, right, that's
why we're talking about.

Speaker 1 (09:49):
This show today.

Speaker 2 (09:50):
But hopefully you have the resources and your health plan
to get access to that care sooner so you're not
getting to that point where you have to go into
the hospital, right, And I think that's really what we're
trying to force today. And this is kind of a
similar thing about you know, when I first started an
insurance a couple decades ago. You know, a lot of
health plans back then, outside of like group benefits through employers,

(10:11):
didn't actually cover preventative care, right, which was just mind blowing,
Like why would they not pay for a physical once
a year to see, oh my god, you actually blood
fresh has been creeping up. Let's get you on a pill,
or your cholesterol is really high, or oh my god,
like your heart attack waiting to happen. Let's get this
on there, let's get this on the wraps.

Speaker 1 (10:26):
Right.

Speaker 2 (10:27):
So what you saw with a lot of insurance companies.
We saw, we saw what we consider a lot of
shock claims. Just these people that I call them the
good old boys that would buy health insurance and I
haven't seen a doctor in the last twenty years, all right,
and then what happens, like three years later there are
stroking out on a boot somewhere because they're paddling or
something in your room. Yeah, I mean, it's just it's

(10:47):
just crazy. So we see the big change in insurance,
and I highlight this from the Affordable Care aacter Obamacare,
but I think they really stress preventative care. So maybe
the insurance companies cover, which I think was a smart.

Speaker 1 (10:58):
Move because it costs less to have somebody stopping and
see the doctor once a year. Then it does have
to pay for all the hospitalization only a heart attack
one d percent.

Speaker 2 (11:06):
But you know, sometimes the government has to push the
insurance companies, and sometimes the insurance companies have to push
the government. So it's kind of a give and take.
So this is a good one in their realm, right,
it was a preventative care side, but again that didn't
also come with mental health, right, So now we're living
in more of a day and age where we're seeing
these numbers skyrocket on the mental health side. So now
you're seeing some of the insurance companies going, hey, maybe

(11:28):
this is a little bit smarter way, but how do
we keep costs down and how do we increase access?
That's kind of the teeter totter approach. I think a
lot of these insurance companies have been struggling with because,
like I said, even just our infrastructure in the greater
Cincinnati area, I know it's difficult. I have clients all
the time at Company John. You saw me a great plan.
I can't find anybody.

Speaker 1 (11:48):
To even go to right well, And Okay, So that's
an interesting way of looking at it, because let's say
I've got the greatest medical and medical insurance possible. It's
got all the healthcare, all the mental health care. Yeah,
but if I'm in an area that does and have
availability for psychological services or mental health services, that policy
is not going to do me any good. I mean,
I mean, wait around two, three, four months to get

(12:09):
in my vinyl might finally get my foot in the
door and get a visit. But you got a solution
for that issue to I knew what was coming on
that one, and We've talked about this before too, And
how I know, guys, this is telehealth.

Speaker 2 (12:24):
Right telehealth right now is massive when it comes to
not just treating a good majority of what I consider
urgent care effort, you know, claims, right, so sicknesses and
different things like that, like oh, I'm sick, I need an antbiotic,
Well you can do it through telehealth now and you
don't even to leave the comfort of your home.

Speaker 1 (12:44):
Or leave your job.

Speaker 2 (12:45):
I mean, this has helped a lot of the companies
that I work for, because there's no really excuse I'm
not feeling well I need to take a day off
and work to go see a doctor, Like no, you
can come in. You can call telehealth in your lunch break,
you know, I mean realistically, because you can get access
and you can get the medications that you need. But
what stat that I saw was thirty eight percent of
therapy sessions a couple of years ago, we're actually.

Speaker 1 (13:05):
Delivered through telehealth.

Speaker 2 (13:07):
You're talking about a third of people right now are
getting treatment through telehealth.

Speaker 1 (13:13):
That's crazy. I think it's outstanding.

Speaker 2 (13:16):
Well, I think it is absolutely one hundred percent outstanding,
but just crazy that we've come so far that now
they are even comfortable to do it right over like
a zoom meeting.

Speaker 1 (13:25):
The COVID gift that keeps on giving, the open wide
acceptance of telehealth and the option that you even have it.
I mean, this is a new concept in terms of
covered services. But the cool thing about what you've talked
about with telehealth and mental health specifically, it's not limited.
There's no ten treatment limitation. You can and you can

(13:45):
dial them up anytime of the day.

Speaker 2 (13:47):
Yeah, And this is something we have to be careful
with too, because you're right, some of these telehealth have
unlimited options, but a lot of them still have what
I call limitations on the on the mental health side. Right, So,
especially if you're seeing like a therapist, some of these
will charge you, you know, fifty bucks seventy five bucks
copay each time you go, which might not be over

(14:09):
over overbearing as far as costs, but still an additional
cost that you're receiving, right And then if you're seeing
some sort of you know, actual doctor, it might even
be higher in that over one hundred dollars cope every
time you use one. And if you're going through a
bad situation, and I known clients that have had to
talk to someone multiple times a week or multiple times
a month. You know, these copays can really start adding up.

(14:30):
So once we saw that, we started looking at what
carriers are out there that can really boast product for
us to help clients even better. So now we're actually
offering a product, a telehealth product that is one hundred
percent free for all mental illness treatment, and it's one
hundred percent unlimited use, and it's one hundred percent costs

(14:53):
an arm and a leg. Nope, it's it's actually for
the whole family. It's less than a hundred bucks a month. Wow,
that's truly, that's cheaper than the cope of one exactly
psychiatrist of a month. In most you might want to
steer clear of Freudian analysts anyway, because you're gonna be
going a lot for a lot of years.

Speaker 1 (15:09):
You know.

Speaker 2 (15:09):
Yeah, I mean, and but again it's if if you
and I always talk about healthcare in general, right as
a lot of prohibitive benefits, copays are actually designed to
prohibit you. Right, you start questioning like do I really
am I sick enough to have to go to a
doctor because I have to pay this higher copay?

Speaker 1 (15:29):
Right?

Speaker 2 (15:29):
Or you know, am I going to use my telehealth
as much if it's one hundred bucks a pop, Right,
I might only go once a month, you know, I
got to free up extra money. But when you have
it as a limited use and it's free to use,
I mean, it gives you that access and that complete
peace of mind that there's no question, Brian, you can
call them whenever you need, right, if you're having a

(15:50):
bad day, call them if you're arguing with your spouse
and you can't figure out how to cope with that
mechanism and you need help to be able to have
that conversation, utilize it.

Speaker 1 (15:59):
I've utilized it for that. I was like, how do I.

Speaker 2 (16:01):
Have this conversation that we're good but it's like this
hasn't even going well, Like I can have something that
gives me an independent discussion that's not a friend, right,
which is always a bad person talking about spousal issues
with Right, there's an independent person and give me a
different look at and go, well, maybe you're wrong in
a situation or maybe this is how you do it.

Speaker 1 (16:17):
Right. So I've utilized it.

Speaker 2 (16:19):
I mean, it's and it's absolutely helped, and I don't
have the question. I'm like, oh, I can just go
on my app I literally click on. I was like,
when do I want a meeting? All they have opening
Thursday at nine Click it. I got forty five minute
appointment set up with the same therapist, the same person
over and over again. It's not like I'm talking to
a new independent person that I've never talked about before.
I've exactly the same one.

Speaker 1 (16:40):
And these are locally sourced providers. Yes with Steven Punjab No, no, no,
Actually they have to be licensed in the state. So
actually most people so like we're here in Ohio, so
my therapist is in Ohio. He just lives in northeast Ohio.
I mean, the biggest hurdle I would have with that
is just remembering that I got a free shot on
goal with some independent you know person here that I

(17:04):
maybe it's because I don't have one of these. It's
it's like taking pictures when something's going on. I never
think to take on my phone out and take a
picture because it's not something that I do. So, you know,
relying on somebody else and knowing that option is out there,
that's really kind of a cool feature that I didn't
realize actually existed. It's an amazing future.

Speaker 2 (17:21):
I mean just think about like days that you might
be stressed out, like this is happening in my life
or every day. Well, I mean it's just and that's
you know, stress is a leading cause to eventually get
to some sort of a mental illness, right, I mean,
you have a bad stress day, like, just pick up
a telehealthy Like, I'm really down on the dumps. I
need I need to talk this through. I don't want

(17:42):
to share this with anybody else because, let's be honest,
I've I've talked with friends before and they always kind
of give you biased opinions and they're on your side,
you know. I mean, and then you can have these
conversations and in real time with someone that can really help.
I don't have to worry about trying to schedule out
six months from now when it's no longer an issue,
you know.

Speaker 1 (17:58):
So you're right, it just gives I'm the one that
always gives the candid opinion, Like if you're looking for
just something that's going to make you feel better, and
I don't view it that way. I'm not going to
make you feel better. So what you're saying, Brian is
you're having a bad day don't call don't called riot. No,
I'll just call it like it is me period. Yeah,
if it's your fault, I'm going to say, no, dude,
this is you. Man, help me work through it, right? Yeah?

(18:24):
And that's really bad.

Speaker 2 (18:25):
And like I said it joke aside, but it's like,
you know, I always feel like this is what we
eventually get into in these bad situations, and even think
about it on the kid's side, you know, I mean,
it's access for my kids to be able to talk
things through. I can't even imagine what they go through
in high schools anymore, and the stress that's on them
and the social media aspect and who knows who's posting

(18:47):
a picture or talking about you, And now you're you know,
people aren't looking at you strange in school, like they
don't always have those conversations with us.

Speaker 1 (18:54):
No, just I mean, I guarantee you there's not a
person listening right now that doesn't have a recollection of
being like in junior high school age twelve thirteen, fourteen
years old and struggling with something social like that. You
remember the people made fun of you, or the comment
that you made that got you in trouble or whatever.
Can you imagine what it's like to be that age

(19:14):
now with social media. Oh I can't.

Speaker 2 (19:16):
I can't even imagine how much trouble I would have
been in if camera phones are I was give me
Vietnam flashback types thing.

Speaker 1 (19:26):
My god.

Speaker 2 (19:27):
I mean it's you know, and it's like everything's being
micro managed. So it's like, you know, I'm doing a
better you know, for my family by having them have
access to it, and they all use it. No, you know,
my wife and I definitely used it, but we know
it's for our kids. And you know, I look at
my son now he's in college, as like, you know,
hey you have telehealth while you're down there, right, and
he goes, absolutely, I have it on my phone. I'm like,

(19:48):
when I left, IM was like, hey, this is this
is some of the things that you have access to.
You know, I don't know what kind of stress you're
gonna have down there, if you're gonna have anything, but
if anything kind of goes on.

Speaker 1 (19:56):
You have access to this. You don't have to you
know always.

Speaker 2 (20:00):
I mean, I'd love that you have the conversation with me,
but may it may not be one too. You might
want to talk about what something that's going on with him,
but you have access to this, So again it's I'm
a huge, huge proponent of it, and that's why it's
it's one of the things we've done so much research
out there to make sure that we have a product
portfolio that can help our clients in this. And I'll
tell you right now, I mean, Brian, we probably have

(20:22):
clients that actually have heard of us talking about this
and have seen some of our posts on social media.
We probably write a couple of these every week right now,
just eve on current clients that are finding out about
and reaching out to like, hey, I want this, I
want this, and we're adding it to their portfolio that
we have with them.

Speaker 1 (20:38):
That's great. I'm just so glad to know there's that
product out there. And then it is I would argue,
quite affordable when you talk about one hundred bucks roughly
covering of family's unlimited hell health with a mental health therapist. Yeah, again,
going back to just the hourly cost and what you
would pay if you had to write a check for that.

Speaker 2 (20:57):
But don't even say you're thinking it's just it's not
just mental health health, it's the full telehealth, so you're
getting the whole Yeah, you're getting the whole urgent care coverages,
you're getting the whole the antibiotic or you know, uh
I use it here recently. I took a trip to
UH to Florida a few months back and end up
getting a really bad science affection.

Speaker 1 (21:15):
I used the telehealth app, the.

Speaker 2 (21:17):
Same app, and they gave me an antibiotic down in Florida.
I was talking to a doctor in Florida.

Speaker 1 (21:21):
You wrote it.

Speaker 2 (21:22):
I went to the local Walgreens, picked up the prescription
right there. Never had to go figure out my health
plan where the doctor here in Florida. I just got
the prescription literally that day, and it helped me while
I was down there.

Speaker 1 (21:32):
So I mean, it's it's it's both aspects, you know.

Speaker 2 (21:35):
And that's why a lot of people don't realize is that,
you know, even if you're on a marketplace plan nowadays
or even any a lot of companies have telehealth, the
fact that they don't even have the mental health component
or it's so much more cost prohibited to use it
with those high copays. That's why this product exists, and
it's it's it's a huge, huge savings to our clients.

(21:55):
And like I said, that's why we picked it up
and are strongly recommending it for a lot of a
lot of our clients.

Speaker 1 (22:01):
Well, and I guess I have to ask the question
not a lot because I don't know anything about you know,
therapists generally speaking, but they come in all shapes and sizes.
They come in all different you know, sort of training backgrounds, philosophies.
You know, some might stere you one way, some might
steia different rat It would depending on the therapist. But
generally speaking, the quality of therapists that you get through

(22:23):
this telehealth mental health service you're talking about, I mean
you can rely on.

Speaker 2 (22:27):
But I haven't had any clients complain to me about
anybody they've been utilizing on it. And I do know,
like you have your always look at your dump button
over here if we say anything wrong. But I mean,
you can dump the therapist and get a new one.
So I mean, if you had one, I mean you
can actually like I actually saw an area where you
can like request a new one and they partner up
with somebody else, you know, And you know that's why

(22:50):
it is so.

Speaker 1 (22:50):
Important like that.

Speaker 2 (22:51):
I remember our first conversation that I had with mine
was it was a whole hour long of just getting
to know each other, like do we match up a
little bit? You got to understand where I'm you know,
I wanted to make sure it was somebody outside of
family and dealing with things, and I was like, hey,
I'm a business owner. I deal with all these things
all the time. It always going into my mind. How
do I reduce that stress? He goes, I deal with
a lot of other business owners. I've walked them through

(23:11):
stress mechanisms and different things like that. I mean a
lot of things that weigh on people's minds that we
don't discuss, and it's helped me alleviate a lot of
those things.

Speaker 1 (23:19):
Oh that's really great, So it's yeah, that's a smart thing.

Speaker 2 (23:22):
So yes, if he wasn't a parent, didn't understand where
I was coming from on a personal lobbe I would
have hit the dump button gone to the next one.

Speaker 1 (23:28):
But your illustration is a great one because it points
out that you know, everybody who might want to utilize
the services of a therapist, or could utilize the service
of a therapist. You don't have to be the person
who's struggling with something as bad as suicidal ideation. Doesn't
have to get that bad before you can get some
well pretty decent help gets you over the bump of

(23:48):
maybe just a stressful month or week in business.

Speaker 2 (23:51):
I mean, it's and you know, that's the biggest think
here is why I was kind of going back to
the fact that that insurance companies and cover preventive care.

Speaker 1 (24:01):
Let's be more proactive.

Speaker 2 (24:02):
Let's be more practive on the initial stages of the
stress and the family issues or whatever's going on in
your life. Let's have those conversations early so that way
it's not something that's gonna lead up to an event
like yeah, you know, get these into the hands of
the people that matter. And let's be honest, a lot
of you guys are listening to your parents or grandparents, right.
It's the saddest part about it. A lot of it's

(24:24):
our kids. And that's the biggest problem that I had,
And that's that's why I look at and saying I'm
gonna make sure they know why have access to it.
I'm gonna keep bringing it up. And if they ever
turn to me, go Dad, I think I need to
call in like here you go, you don't have that.
I'd love you to have that conversation, but I know
I'm not always that person. You want to here's an
inpendent person.

Speaker 1 (24:42):
Yeah, and think about it. Once they know it's in place,
you've had the conversation about how to access it and
pointing out you know, you don't have to just be
really off the charts, you know, with problem before you
access this. Call them up for example, these reasons. You're stressful,
you got exams coming up, you're trying to cope with that.
If they know they can do it, they don't even
have to talk to you, they can without mentioning it

(25:03):
to you, and that frees them from that. Like so
health thing's going, you know, follow up conversations. So you
doing okay, son? Everything okay?

Speaker 2 (25:11):
Well they say everything's good, then everything's good, right, you know,
but I mean again, you're here. Here's one class piece
that you know we trusted tellhealth and not everyone always
wants that. I will also let you know that we
have built out packages and our plans too that actually
have unlimited, unlimited mental health benefits in some of the
packages that we can offer with the health plans. So

(25:33):
even if you are wanting to go see someone physically
face to face in their office, we have plans that
will accommodate that too, So we're working we actually we
just worked with a major insurance company here in Ohio
to develop a new product that is as an indemnity plan.
That part of that indemnity plan does have mental health.

(25:54):
They made sure that was in there and it is unlimited,
limited usage for that plan, so that we can add
that to any health and plan, even if it's one
of our current packages that we put together. And this
is not just mental health, it covers everything else too,
but mental health is in it. But we can also
add these plans to group health plans. So that's like
we always talk about indemnity plans. If you have a

(26:16):
high reductible health plan, they'll help offset that and it
will help with the mental health because that is a
covered illness on that plan.

Speaker 1 (26:24):
So some actually determines how much the check is going
to be. And like if you go see a therapist
who's one hundred dollars of a session and they might
get hundreds.

Speaker 2 (26:33):
So these plans, yeah, these plans range anywhere from like
fifty dollars a doctor visit all two hundred dollars, okay,
So you can choose your level of coverage how much
you want them to pay, and they'll pay that for
every time you go. And you best part about the
mind you can go it anywhere because even if the
therapist isn't even in an insurance network, as long as
you get a bill from them, you can submit it
and get reimbursed by the insurance company directly. Because we

(26:53):
know not every therapist will take even take insurance nowadays,
right right, So again, prevent you from not having access.
We want you to have as much access and the
coverage that will line up for.

Speaker 1 (27:04):
That as possible. Well, important discussion considering September is what
mental health and Suicide Awareness month. Absolutely well, it's so important.
And again you know I can't double down, triple down
on the comments about young people these days, they face
so many challenges with the Internet, social media, TikTok and
that nonsense.

Speaker 2 (27:23):
Yeah, it's just uh, it's it's tough. Like you said,
I don't I always go back. We'd be kind of
fun to go back and be a kid again, knowing
everything I already know.

Speaker 1 (27:31):
But I wouldn't. I wouldn't. I wouldn't do it in
today's environment. I think it's if you knew everything that
you know now went back and did it, you probably
could avoid a lot of the pitfalls that our young
people are are dealing with because they don't yet have
the life skills to cope and deal with it. They don't.

Speaker 2 (27:47):
But just even when my daughter walks in and gives
me some of these new terms that they have, I'm
so far out of Like even when she's talking about
she starts using these words, I'm like, what does that mean?

Speaker 1 (27:57):
Oh my god, Dad, you don't know what that means? Like, no,
I have no.

Speaker 2 (28:00):
Yeah, so I'd be the leopard going back ruse. I
have no idea even how to communicate now?

Speaker 1 (28:05):
Is John Rowlman, It's always a pleasure to talk with me,
you man. This has been another edition to Rethink Healthcare
together with John Roman to reach John about maybe getting
one of these unlimited telehealth policies. Medical insurance, of course
is forte. We did a lot about life insurance last
week in that recap at the outset of the program today,
get in touch with them for life insurance as well.
And gazillion ways to skin a cat, as he demonstrates

(28:27):
every week, saving you money and keeping you out of trouble.
That's what the team's all about, Coversincey dot com is
a form online you can fill out, whether it's life
or the mental, health or just healthcare. Generally speaking, initiate
the conversation. It won't cost you a dime. I don't
care what state you're in. John and the team can
help you and usually end up saving you a heapload
of money when it comes to their medical insurance cover

(28:49):
since he dot com or call them directly at five
one three eight hundred call that's five one three eight
hundred two two five five John Roman, always a pleasure,
my friend, You too, bride your week. You do the
same