Which of the following statements regarding the required provisions in a long-term care policy is NOT true?
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Which of the following statements regarding the required provisions in a long-term care policy is NOT true?
A) The elimination period is considered a time deductible.
B) Prior hospitalization is required for payment of benefits.
C) Benefit amounts are expressed as dollars per day.
D) Policies must provide coverage for a minimum of 12 months.
Answer: Prior hospitalization is required for payment of benefits.
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