(a) What factors should the Hernandezes consider as they shop for long-term care protection?
(b) Victor is still in his 40s. How does his age affect their decisions related to long-term care protection?

Victor Hernandez recently learned that his uncle has Alzheimer’s disease. While discussing this tragedy with Maria, he realized that both 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.