These companies will tailor a plan to make you eligible for Medicaid per your states rules. Usually it is an income-based qualification. However here in Massachusetts you can qualify if you spend six months of income on medical care. Although it sounds like a good plan , there are still insurance premiums to be paid based upon your income and any money Medicaid pays for your care can be seized from your estate. So you may want to consider if it is worth paying a premium now to essentially borrow your own money.