Bipartisan, Bicameral PACE Part D Choice Act Would Reduce Part D Costs and Increase Access for Medicare Beneficiaries to Innovative Programs of All Inclusive Care for the Elderly
"PACE is a proven model of care for older adults, and it has continued to demonstrate its benefits even more profoundly during and after the pandemic," said Shawn Bloom, President and CEO of the National PACE Association. "But widespread enrollment in PACE for the millions of Medicare-only beneficiaries who could benefit faces a significant financial obstacle --the high Part D premium cost. NPA strongly urges Congress to pass this bill quickly so that many more older adults and their families can be served by PACE and receive the care they need in their homes and communities."
- Senators Tom Carper (D-DE) and Bill Cassidy, MD (R-LA) introduced The PACE Part D Choice Act, which would eliminate a significant financial disincentive for Medicare-only beneficiaries to enroll in Programs of All-Inclusive Care for the Elderly or PACE.
- "PACE patients should have the same access to lower premiums and affordable prescription drugs as those in other Medicare programs," said Dr. Cassidy.
- "But widespread enrollment in PACE for the millions of Medicare-only beneficiaries who could benefit faces a significant financial obstacle --the high Part D premium cost.
- Currently, 150 PACE programs operate at least 309 PACE centers in 32 states and the District of Columbia, serving more than 64,000 participants.