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Victor Hernandez recently learned that his uncle has Alzheimers disease. While discussing this tragedy with Maria, he realized that two of his grandparents probably had

Victor Hernandez recently learned that his uncle has Alzheimers disease. While discussing this tragedy with Maria, he realized that two of his grandparents probably had the disease, although no formal diagnosis was ever made. As a result, Victor and Maria have become interested in how they might protect themselves from the financial effects of long-term health care.

(a) What factors should the Hernandezes consider as they shop for long-term care protection?

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