Which of the following is correct regarding long-term care insurance?

a.

It covers most Canadians over age 65 who receive care due to a long-term health problem.

b.

It has an elimination period before owners are eligible to have their long-term care costs covered.

c.

It offers standard coverage and insurance premiums.

d.

It is relatively inexpensive and good value for those over age 60.

Which of the following is true about the cost of health care in Canada?

a.

The federal government administers all Canadian health care through the Canada Health Act.

b.

The supplementary health care benefits funded by the provinces vary across the country.

c.

Health care costs as a portion of revenue are growing minimally over time.

d.

Approximately half the funding for health care comes from private health care plans.