Activity 3: The Hernandezes Face the Possibility of Long-Term Care Victor Hernandez recently learned that his uncle has Alzheimer’s disease. While discussing this tragedy with Maria, he realized that...

Activity 3: The Hernandezes Face the Possibility of Long-Term Care
Victor Hernandez recently learned that his uncle has Alzheimer’s 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?