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Long-Term Care Insurance: Planning for Future Healthcare Needs

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Multiple Choice

What is the purpose of long-term care insurance?

  1. To cover the costs of long-term care, such as nursing home care, assisted living, or home health care.
  2. To cover the costs of medical care, such as doctor visits, hospital stays, and prescription drugs.
  3. To cover the costs of disability, such as lost wages and medical expenses.
  4. To cover the costs of retirement, such as housing, food, and transportation.
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