Which of the following statements concerning the need for long-term care insurance is (are) correct? 1. Private medical expense insurance policies (both group and individual), in some cases, provide coverage only if a person also needs medical care; however, benefits are not provided if a person is merely "old" and needs someone to care for him or her. 2. Medicare is inadequate to cover long-term care because it does not cover custodial care if that is all that is needed. 1 only. 2 only. Both 1 and 2 Neither 1 nor 2