Question

How does Medicare pay for Program of All-Inclusive Care for the Elderly (PACE)?

a: fee-for-service payments
b: per-diem payments
c: captivated monthly payments
d: pace is not covered under medicare

Answer 1

Medicare funds the Program of All-Inclusive Care for the Elderly (PACE) using capitated monthly payments, providing a set monthly amount for each enrollee to cover all necessary services.

Step-by-step explanation:

Medicare pays for the Program of All-Inclusive Care for the Elderly (PACE) through capitated monthly payments. This means that PACE organizations receive a set monthly amount per enrollee from Medicare. This method of payment is designed to encourage comprehensive care management because the organization is both funded to cover all necessary services and incentivized to keep costs down by managing care efficiently.