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Greta purchased a long-term care policy.Greta's eligibility for benefits under the policy may be triggered by


A) how long premiums have been paid.
B) inability to perform activities of daily living.
C) continuous hospitalization for at least 60 days.
D) eligibility for Medicare benefits.

E) B) and C)
F) A) and B)

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All of the following statements about long-term care insurance are true EXCEPT


A) Premiums can be reduced by electing shorter elimination periods.
B) A common benefits trigger is the inability to perform a certain number of activities of daily living.
C) Protection against inflation is usually made available as an optional benefit.
D) Policies currently sold are guaranteed renewable.

E) C) and D)
F) All of the above

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All of the following are reasons for the increase in health care expenditures in the U.S.EXCEPT


A) Cost insulation because of third-party payers
B) Employment-based health insurance
C) Universal health insurance coverage
D) Technological advances in health care

E) A) and B)
F) A) and C)

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