Knowing your options can make a difference in most situations. Those who are already in need of care will not be eligible for any of the options already listed. However, a program called “Life Care Planning” allows those who are receiving care who have life insurance plans in place to convert those life insurance plans into cash flow to pay for care services. While not right for everyone, this provides an option to use an available resource to pay for private care services and also qualifies as an appropriate Medicaid spend-down. Contact us for more information.