Live Well, Age Wisely: Does my insurance plan have extra benefits I'm not using?
Director of Aging Well, Prairie 5
In the last few years, insurance companies have begun adding new extra benefits to their Medicare Advantage plans. While most have included some form of hearing, dental, and vision coverage for years, many now offer an over-the-counter allowance for qualifying purchases. Some even have special discounts or coupons for food. A number of people who have these benefits aren't using them- because they aren't aware that their plan includes them!
If you have a Medicare Advantage plan, now is a great time to review your coverage details to make sure that money which has been set aside for you as part of your plan isn't going to waste. If you aren't sure what type of coverage you have, here are a few clues that you have an Advantage Plan. You have one insurance card for both your health and your Part D coverage, and the card says HMO or PPO on it. (There are a few Advantage plans that do not include drug coverage – these are popular among veterans who have drug coverage through the
Plan materials can get overwhelming with lots of jargon to wade through. If you have a Medicare Advantage plan and would like to go over the extras it includes, I'd love to help you take a look. I have details on all plans available in Prairie Five's service area (
There are usually parameters in which the over-the-counter allowance works. The allowance may be used in-person at a specific pharmacy, by a mail order option through a catalog, or through a specific web site. Some plans include
A word of caution: if you receive a call from someone who claims to be a representative from an insurance company and wants to send out products that may be helpful or schedule an appointment to visit your home to talk more about your health insurance, this is a scam red flag. In fact, due to the lack of communication from insurance plans, the federal government ruled that beginning in 2026, Medicare Advantage plans must send a personalized notice
It's shocking and frankly disturbing how complex and personalized scams by "insurance reps" has become. If someone reaches out to you, the best practice is to contact the number on the back of your insurance card to verify it's legitimacy before proceeding. There's no such thing as a dumb question when it comes to Medicare or protecting ourselves from scams! Don't hesitate to call me at 320-226-8861 if you have concerns about your insurance or want to make sure you're getting the most out of your coverage.


Nebraska AG: General Motors sold driver data to insurers in 'one-way racket'
SeaComm launches Insurance Agency with help from Maple City Insurance in Ogdensburg
Advisor News
- How advisors can help frugal retirees finally enjoy their savings
- Wealth planning vs. estate planning: Honoring your client’s wishes
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
More Advisor NewsAnnuity News
- Jackson Announces New Annuity Offering for AARP Members
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
More Annuity NewsHealth/Employee Benefits News
- A Smarter Approach to Employee Health Insurance Costs
- Are GLP-1s Good for Business? The Jury Says …
- Closing gaps in group disability coverage
- STATE AUDITOR JAMES BROWN REMINDS MONTANANS TO UTILIZE ACA OPEN ENROLLMENT PERIOD, CAREFULLY REVIEW ANY LIMITED PARTNER' PLANS
- Anthem Blue Cross and Blue Shield Announces Agreement with Brokers Holding Group to Expand Reach in Georgia’s Small and Mid-Markets
More Health/Employee Benefits NewsLife Insurance News
- Corebridge Financial Announces Third Quarter 2026 Results
- MassMutual announces record $3.3 billion policyowner dividend for 2027
- Protective Completes Acquisition of Obsidian, Establishing Specialty Property and Casualty Business Line
- Jackson Announces New Annuity Offering for AARP Members
- Open Enrollment Starts November 1: Tampa Broker Ryan Michalek Urges Families and the Self-Employed to Check 2027 Costs Before They Auto-Renew
More Life Insurance News