Protect you & your loved ones. You Do Have a Choice! You can wait until disaster strikes and illness forces you to deplete your life savings, while battling health issues and financial assaults, hoping-praying something, if anything, will be left for you and/or your spouse to live on. What is Medicaid? The Social Security Act., Title XXXIX, created an entitlement program called Medicaid. Its’ purpose was and is to provide long term care benefits to seniors. Benefits must be applied for and advanced planning is crucial in order to obtain the greatest benefits possible.