DECEMBER 18, 2024 – America is facing a demographic shift of unprecedented scale. By 2030, The U.S. Census Bureau projects seniors will represent one in every five Americans, and many will require coordinated, personalized care to manage chronic conditions and maintain their independence. For veterans, the need for innovative care solutions is even more urgent. Many aging veterans may face unique health challenges resulting from their service, including chronic physical injuries. When considering how to care for an aging population, we must ask ourselves a crucial question: How can we best support our veterans to ensure they can age independently and safely while also providing resources for caregivers and the community?
“Aging in place” is increasingly popular among seniors because it allows them to maintain their routines and independence. However, without proper support, it can also lead to isolation and a reduced quality of life for seniors and their family members. A challenge for families is often knowing the options that are available for care, such as The Program of All-inclusive Care for the Elderly (PACE), which comes at no cost for eligible seniors who have both Medicare and Medicaid coverage. PACE is an integrated care model that can offer support, peace of mind, and substantial savings for aging seniors and their loved ones.
The Impact on Family Members and Caregivers
Many family members are stepping into the caregiving role as their parents and grandparents age. Caring for older loved ones can require substantial time, resources, energy, and patience as caregivers balance responsibilities with their own lives and needs.
Family caregivers in the United States provide an estimated $600 billion in unpaid care yearly, according to the AARP, resulting in reduced work hours, lost wages, and increased out-of-pocket expenses. Caregivers have to navigate the complexities of care options and financial demands while also coping with the emotional strain of watching a loved one age. Family members often play an important role in caring for their aging loved ones, but they can’t do it alone. Medical, financial, and social specialists are important partners to help improve seniors’ overall quality of life.
Lawmakers Can Help
In December 2024, the U.S. Senate, following a House vote, passed legislation that will make it easier for veterans to access the critical care and support they need through PACE. The Elizabeth Dole 21st Century Veterans Healthcare and Benefits Improvement Act is a monumental step forward. This bipartisan legislation would allow veterans to use their Department of Veterans Affairs benefits to enroll in PACE, giving them greater access to comprehensive, community-based healthcare to safely age in place.
PACE’s services are especially crucial for veterans who might otherwise have limited options beyond nursing home care. Since 2018, veterans have been able to enroll in PACE through VA benefits, and this new legislation would expand access to the program.
Patrick Blair, InnovAge CEO