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Long-Term Care Insurance: Planning for Future Healthcare Needs
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What is the purpose of long-term care insurance?
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A
To cover the costs of long-term care, such as nursing home care, assisted living, or home health care.
💡 Explanation:
Long-term care insurance is designed to help people pay for the costs of long-term care, which can include nursing home care, assisted living, or home health care. It is not intended to cover the costs of medical care, disability, or retirement.