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Long-Term Care Quiz

  1. Over 40% of the long-term care population is under the age of 65.
    True False

  2. Approximately 25% of all individuals over the age of 85 require long-term care services.
    True False

  3. Most long-term care is provided in a nursing home.
    True False

  4. The average length of a nursing home stay is 5 years.
    True False

  5. Annual nursing home costs average $40,000.
    True False

  6. Medicare is not the primary funding source for long-term care costs.
    True False

  7. You must spend down your assets to qualify for Medicaid assistance.
    True False

  8. Disability insurance pays benefits for long-term care services.
    True False

  9. Long-term care insurance only pays for nursing home confinements.
    True False

  10. The average cost for a long-term care insurance policy is $2,200 a year.
    True False
Long-Term Care Insurance is underwritten by John Hancock Life Insurance Company, Boston, MA 02117.
COPYRIGHT © 2000-2009 by John Hancock Life Insurance Company, Boston, MA 02117
Edition 2009