Which of the Following Is Not Something That Can Help

question 38

Multiple Choice

Which of the following is not something that can help contain the cost of long-term care insurance?

• A)Buy a policy with a longer waiting period before benefits begin.
• B)Save enough money to pay for care during the time when you are not receiving benefits.
• C)Consider buying a joint policy for yourself and your spouse.
• D)Consider a long-term care plan with a shorter waiting period before benefits begin.

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Definitions:

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Moral Obligation

A commitment or duty to act in a morally sound manner, often beyond legal requirements, guided by personal ethics or conscience.

Income Redistribution

The process of reallocating income through taxation, welfare policies, or other government programs to reduce income inequality.

Utilitarian Justice

A theory in ethics and economics that suggests actions should be judged as morally right if they result in the greatest good for the greatest number of people.