Senator Fields and
Senator Smallwood, co-prime bill sponsors, introduced Senate Bill 22-206,
which requires the Department of Health Care Policy and Financing (HCPF),
in conjunction with the Department of Public Health and Environment, to
develop a regulatory plan for Program of All-inclusive Care for the Elderly
(PACE) providers by June 30, 2023. The bill outlines stakeholders, data,
and processes that must be considered in developing the plan. By March
1, 2024, HCPF must establish, administer, and enforce minimum regulatory
standards and rules for PACE and contracted entities. HCPF is required
to continually analyze the reimbursement methodology for PACE entities
and provide legislative updates on new methodology requirements.
Senator Fields and Senator Smallwood distributed and discussed a fact sheet
to the committee (Attachment B).
Committee members discussed the bill.