On Bauer Business Focus — A conversation about the long-term health care industry and how Houston compares with other cities across the nation with Andrew Schneider, business reporter for KUHF 88.7 FM.
Jeff Reeter, managing partner at Northwestern Mutual Texas Financial Group (Houston – Austin – San Antonio), visited Bauer Business Focus recently to discuss how the long-term health care industry in Houston fares against cities throughout the United States.
“The cost of living in Houston is actually very attractive compared to other large cities like New York, Chicago, or L.A.,” Reeter said. “The other thing that’s really awesome and fascinating about Houston is that we have such great medical care practitioners. With our medical center and the number of nursing professionals we have in general, that has a wonderful positive impact on that expense area.”
With the average person’s lifespan growing every year, he added, long-term health care is a concern that every family and individual person should consider and begin planning.
“The reality is that people are living longer. You want to be sure and think through, ‘what happens if I live to age 90 or even beyond that,’ and the expenses associated with that can be really significant, especially if you’re not all together healthy to age 90 but certainly alive and kicking.”
As for assisted living facilities, Reeter said he strongly suggests anyone looking into the option for themselves or a family member spend time researching the facility and taking an interest in the staff and their level of care.
“I personally have an aunt who I love dearly in central Illinois. She’s at a facility there, and I have spent a fair amount of time being certain that she is well cared for,” he said. “I know the leader of the facility personally, and I know nurses. I have meals with my aunt there, I’ve experienced the quality of the food there, and I think it’s very important to get engaged with a facility you’re considering.”
Click here to hear the full interview.