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James is a 60-year-old retired veteran who recently suffered a broken hip and needs skilled home care. Instead of filing a claim on his long-term

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James is a 60-year-old retired veteran who recently suffered a broken hip and needs skilled home care. Instead of filing a claim on his long-term care insurance, he chose to use money from his savings and extend the elimination period on his insurance. What is one outcome of James' decision? O His benefit period will decrease. O His insurance payout will increase. The cost of his insurance premium will decrease. O He will qualify for Medicaid

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