PACE Part D Choice Act of 2023

This bill allows Medicare-only PACE program enrollees (those not on Medicaid) to choose a standalone Medicare Part D prescription drug plan starting in 2025, instead of being limited to their PACE provider's plan. It requires PACE programs to inform members about this option and help them select a "qualified standalone" plan that meets cost criteria (equal or lower out-of-pocket costs and subsidies compared to the PACE plan). PACE programs must monitor drug use and share claims data with the chosen drug plan to coordinate care, and they will no longer receive payment for drug coverage when members enroll in an outside plan. The change applies to PACE enrollees who qualify under Medicare Part D, not Medicaid.