QUESTION 72 Which of the following statements is correct about paying for long-term care services? Medicare provides adequate long-term care benefits as long as the person is fully insured and over the age of 65. Medicaid provides for care for those with limited assets and income and requires a look back period of ten years. Special needs trusts can be established to provide for benefits while maintaining eligibility for federal and state benefits. Paying for long-term care services out-of-pocket is a viable option for most married individuals. QUESTION 73 Which of the following is not correct regarding the benefits provided by Medicaid? Medicaid pays for approximately 65 percent of nursing home expenditures in the United States Medicaid is a joint entitlement program between the federal government and the state government, such that individuals in one state may receive benefits whereas similarly situated persons in another state may not receive benefits To be eligible, a person must meet both the general requirements as well as meet the financial requirements for Medicaid. A person's income for Medicaid purposes includes Social Security benefits