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Long-term care insurance is designed to pay benefits for the elderly in need of daily medical services, such as an at-home nurse, room and board in an assisted living facility, adult daycare, respite care, hospice care, and/or medical supplies needed for daily living.
Depending on the insurance company offering the services and the policy selected, the menu of benefits will vary. The more benefits offered the higher the premium for the policy.
For more information on long-term care insurance, see “How Much Will Long-Term Care Insurance Cost?” and Should I Buy a Long-Term Care Policy?”
Envelopes and trading bands help traders put filters on their decisions to trade, by setting limits on movement
Mergers and acquisitions (M&A) is the market space in which companies negotiate integrations and takeovers
Profit margin is a profitability ratio that measures, as a percentage, how much a company keeps per sale
A liquidity ratio generally measures the amount of cash or readily available cash relative to current liabilities
Cash Accounting is the accounting method where only finalized transactions are documented
Cash collateral is liquid cash and cash equivalents designated as collateral for loans and debts of various sorts
The Federal Home Loan Bank Act of 1932 established the FHL Bank system, which is a co-operative banking network
Lifetime cost is the total amount of money that a good will cost a consumer over the entire course of ownership
Mining pools allow individuals with insufficient computing power to join a mining pool and split the rewards proportionally to the amount of computer power
Ethereum mining is the process of solving blocks of encrypted blockchain data using a proof-of-work algorithm and occasionally being rewarded with Ether