The Main Source of Public Funding for Long-Term Care Is

question 24

Multiple Choice

The main source of public funding for long-term care is:

• A) Medicare.
• B) private long-term-care insurance.
• C) Medicaid.
• D) home and community-based services program.

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Definitions:

Consumer Purchase Decision

The mental and emotional process leading up to a consumer's act of buying a product, encompassing need recognition, search for information, evaluation of alternatives, and the final acquisition.

Choices

Options available to individuals or organizations from which a decision can be made.

Information Search

The stage in the buying process where consumers actively seek out information to fill a gap in their knowledge about products or services.

Consumer Purchase Decision

The process by which an individual decides what products or services to buy based on factors such as need, desire, and affordability.