Americans are slowly adjusting to the new normal as COVID-19 restrictions lift and the economy reopens. Throughout the year, there has been a big emphasis on health, wellness, and financial security stemming from the after-effects of the pandemic. There have also been major changes to the healthcare system in efforts to increase accessibility and convenience to those who need it. To help you navigate the new normal, we have put together some important information that you need to be aware of as we enter a post-COVID world.

Home Dialysis Expansion

According to the Centers for Medicare & Medicaid (CMS), more than 85% of Medicare beneficiaries with End-Stage Renal Disease (ESRD) have to go to a dialysis facility at least three times a week to receive their treatment, which makes up to 12 hours a week away from home. As the pandemic deepened, it became harder for patients to receive treatment because of COVID-19 exposure and risk concerns. As such, CMS has recently finalized a new ruling aimed at boosting ESRD patientsā€™ access to home dialysis by allowing new innovative equipment and supplies to qualify for an additional Medicare payment. This new ruling encourages patients to get their dialysis in the convenience and safety of their own homes to improve their quality of care and quality of life.

Financial Management Tips

After a year of financial instability, we are finally seeing some security as the economy recovers from business closures and furloughs. Financial health must be high on your to-do list as we navigate the post-COVID landscape. With this in mind, we have put together 3 financial management tips that will help you stay on top of your finances and savings.

  • Work on Your Debt: Get yourself back on track by facing your financial situation head-on. To successfully get out of debt, it is important to take every dollar and make it go to work for you. Secure your future with guaranteed growth via American Legacy Solutionsā€™ Your Family Bank solution today.
  • Build an Emergency Fund: One of the most important takeaways we learned from the pandemic is to always be prepared for the unexpected. It is a good idea to set aside some of your finances into a savings account specifically for emergencies; this will allow you to be equipped for any unforeseen circumstance.
  • Understand Your ā€œWantsā€ and ā€œNeedsā€: Keep track of your expenses and evaluate each item you are spending your money on. By cutting out inessential spending, you will not only be able to eliminate unnecessary expenses but also see a difference in your finances in the long run.

Healthy Eating

Having good health is a top priority for many as we enter a post-COVID world. Since the pandemic, many people have been honing in on their cooking skills at home to save money and stay on top of their health. Although many restaurants and dining areas have opened to the public, 71% of Americans say they will continue to cook at home. This change in consumer behavior stems from their goals to cut unnecessary costs and eat healthier foods, leading to increased confidence and satisfaction. Explore your tastebuds with these easy and delicious recipes you can create for yourself and your loved ones at home, without breaking the bank:

Key Takeaways

As we come out of the pandemic, it is important to keep all aspects of your health and wellness at the forefront of your mind. Having the right health and financial strategies will allow you to stay prepared for any type of unforeseen circumstance. American Legacy Solutions is dedicated to helping you plan, prepare, and prosper in all segments of your life with insurance, healthcare, and financial opportunities.