Medicare over-the-counter (OTC) cards are prepaid benefit cards that are available with most Medicare Advantage (Part C) plans. They allow users to buy certain household, health, and wellness products ...
To be eligible for a Medicare over-the-counter (OTC) card, you must meet the general criteria for Medicare coverage and enroll in a Medicare Advantage (Part C) plan that offers OTC cards as a benefit.
According to the Consumer Healthcare Products Association (CHPA), 30 percent of Medicare users won't use their Medicare Advantage over-the-counter (OTC) funds by the end of the year. This could result ...