What’s Medicare’s PACE program and how does it work?

PACE signifies a collaborative initiative between Medicare and Medicaid designed to facilitate individuals in receiving their health care provisions within their own community settings, as opposed to institutionalizing them in facilities like nursing homes or other similar establishments. This program’s inception aimed at providing an adaptable approach for you, your relatives, caregivers, and skilled health care practitioners to address your health care requisites, thereby enabling your stay within your community milieu.

In the PACE scheme, a collective of medical professionals will furnish you with integrated health oversight. These specialists possess adeptness in catering to the elderly populace. Collaboratively, they will engage with you and your kin (when applicable) to craft a comprehensive care strategy. Eligibility for PACE is open to individuals with either Medicare, Medicaid, or both. The program encapsulates all medical and service costs covered by Medicare and Medicaid, as your health cohort sanctions. The spectrum of coverage can embrace prescriptions, medical consultations, transportation, in-home care, medical checkups, hospital admissions, and even sojourns in nursing homes if deemed essential. Should your medical cadre determine the necessity for additional care and services beyond what Medicare and Medicaid encompass, PACE holds the potential to subsidize these too.