A federal-state program aimed at keeping older adults out of nursing homes could come out a winner under the new federal tax law.
Nevada was the latest state to approve a Program of All-Inclusive Care for the Elderly last month before President Donald Trump signed the tax law. South Dakota is considering PACE as well. The program can save states money by caring for adults at home, rather than in nursing homes. However, PACE is a relatively small and not widely known initiative, which could make it a low priority for states weighing the best way to spend fewer Medicaid dollars.
“States are going to be looking for programs that reduce costs and provide high quality care or better care. To the extent that PACE organizations and trade associations can make the compelling argument that they cost significantly less than other options, then there is an opportunity,” said Tyler Overstreet Cromer, practice director at healthcare advisory firm ATI Advisory.
