Author Question: Which of the following statements is (are) true concerning benefit payments under long-term care ... (Read 81 times)

bobbysung · **on:** Jul 11, 2018

Which of the following statements is (are) true concerning benefit payments under long-term care insurance?

I. Expense-incurred policies pay for actual charges up to a specified daily limit.
II. Per diem policies pay a specified daily benefit regardless of the charges incurred.
A) I only
B) II only
C) both I and II
D) neither I nor II

Question 2

Which of the following statements about long-term care insurance is (are) true? I. Long-term care insurance is inexpensive, especially if purchased at older ages. II. Purchasers have a choice of daily benefits and benefit periods.

A) I only
B) II only
C) both I and II
D) neither I nor II