Over-the-Counter (OTC) Benefit
Select Health Medicare members can utilize a Benefits Mastercard prepaid card to purchase a variety of health-related items, including pain relievers and other everyday wellness products. The allowance is distributed on a monthly, quarterly, or yearly basis depending on the specific plan, and members are advised that unused funds do not roll over to subsequent periods.
HNH Insight
This resource provides a practical example of how Medicare Advantage plans manage OTC benefits via prepaid cards, emphasizing that these benefits are plan-specific and subject to strict usage rules regarding expiration and approved retail locations.
Exchange Discussion
Join the expert conversation on this article in the HN&H Intelligence Exchange. Professional discussion only — cite your sources.
No comments yet.
