Relief on Prescription Costs Under Medicare Part D in Inflation Reduction Act Excludes PACE Participants

August 9, 2022

Relief for Medicare Part D prescription drug costs currently included in the Inflation Reduction Act of 2022 excludes participants in Programs of All-Inclusive Care for the Elderly (PACE), reports the National PACE Association (NPA). NPA urges passage of the PACE Part D Choice Act, which would address the gap.

“We are more than pleased that Congress appears close to passage of the Inflation Reduction Act, which includes provisions to reduce Part D prescription burdens for Medicare beneficiaries,” said Shawn Bloom, president and CEO of NPA. “However, this legislation sadly leaves out older adults receiving care in PACE. We urge Congress to pass the PACE Part D Choice Act, which we are confident will help Congress achieve its goal of providing cost reductions to all individuals covered by Medicare.”

The PACE Part D Choice Act would allow Medicare-only PACE participants to choose a Part D plan offered by their PACE organization or a marketplace Part D plan. The marketplace Part D plan would be more affordable and include the $2,000 out-of-pocket cost protections being put forward by the Inflation Reduction Act.

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