The term may also refer to the time between the making of a claim and the payment of it, also called the "'elimination period " '.
12.
In addition, the initial claim value increases by a set amount every year after the elimination period ends so that the longer the insured stays in the program, the more money they receive should they divorce.
13.
Long-term care insurance rates are determined by six main factors : the person's age, the daily ( or monthly ) benefit, how long the benefits pay, the elimination period, inflation protection, and the health rating ( preferred, standard, sub-standard ).
