Which of the following statements about long-term care coverage is CORRECT?

a. Medicare supplement policies provide a significant amount of long-term care coverage.

b. Medicaid provides long-term care coverage for individuals, regardless of income levels.

c. Medicare and Medicaid are designed to cover a significant portion of the costs of long-term custodial or nursing home care.

d. Long-term care insurance provides a broad range of coverage for services rendered at home, at adult care centers, or in nursing homes.

Answer: d. Long-term care insurance provides a broad range of coverage for services rendered at home, at adult care centers, or in nursing homes.