Paying For Long-Term Care
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Overview |  |
Government Programs |  |
Private Insurance |  |
Home Equity | |
Other Options | |
Resources |  |
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Medicare | Medicaid |  | Veterans Benefits |
The Programs of All-inclusive Care for the Elderly (PACE) might be able to pay for your long-term care needs. It is a new benefit that features a comprehensive service delivery system and integrated Medicare and Medicaid financing. PACE combines medical, social, and long-term care services for frail people. For most participants, the comprehensive service package permits them to continue living at home while receiving services rather than be institutionalized. PACE is available only in states that have chosen to offer it under Medicaid. If you are frail enough to meet your state’s standards for nursing home care, you might be eligible. There are other eligibility requirements to get PACE. If you enroll in a PACE program, you may have to pay a monthly premium. Listed below are some opportunities and requirements/limits for PACE:
| PACE Opportunities: | PACE Requirements/Limits: |
|---|---|
| PACE can help pay for your long-term care needs. | There must be a PACE program in your area. |
| You may be able to stay in your own home and get your long-term care services. | You must meet the eligibility requirements and can only receive care in facilities that the PACE program has contractual arrangements with. |
| You may have to pay a monthly premium. |
Look at the Centers for Medicare and Medicaid Services’ website to:
- learn more about the PACE program
- find out if there is a PACE program in your area
To get information on PACE eligibility requirements in your state, call your State Medical Assistance office. You can find their telephone number under the Helpful Contacts section on this website.
Page Last Updated: August 3, 2012
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