QQuestionHealthcare
QuestionHealthcare
Which of the following statements would you be wrong in listing as an advantage of long-term care policies?
A. Skilled, intermediate, and custodial care are covered.
B. The cost of care is shifted to the insurance carrier.
C. Home health care is normally an option.
D. Most long-term care policies are conditionally renewable.
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Answer
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Step 1: Understand the problem
We are given a list of statements about long-term care policies and asked to identify an option that would be incorrect to list as an advantage.
Step 2: Analyze the options
A. Skilled, intermediate, and custodial care are typically covered by long-term care policies, so this can be considered an advantage. B. The cost of care is indeed shifted to the insurance carrier when a long-term care policy is in effect, which is an advantage for the policyholder. C. Home health care is also a common feature of long-term care policies, making it another advantage. D. Long-term care policies are often conditionally renewable, allowing policyholders to extend their coverage based on certain conditions. This can be seen as an advantage as well.
Final Answer
Most long-term care policies are conditionally renewable.
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