26. What is the largest source for financing long-term care expenditures? O a. Medicaid o b. Medicare c. private long-term care insurance plans od. the disability income portion of the Social Security program 27. Generally speaking, what is the maximum amount of assets a single individual can retain in order to qualify for Medicaid? o a. $2,000 to $3,000 o b. $6,000 to $8,000 oc. $10,000 to $12,000 od. $15,000 to $18,000 28. All of the following assets are exempt from Medicaid's spend-down requirement EXCEPT: O a. a life insurance policy's $50,000 cash surrender value ob. a revocable $1,000 burial contract c. a $1,000 antique china cabinet od. a wedding ring worth $8,000