Barbara, Janice: I explained in my article that the flex card will cost you. When something sounds to good to be true it usually isnt! Thanks for your thoughtful comments. At least they tell you up front that they are not a Medicare program. Barbara. I am glad you are being careful about investigating your health plans. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. It can pay for out-of-pocket expenses associated with covered products and services within the Dental, Vision and Hearing benefits, including: Expand All add_circle_outline Primary Care Physician. Does the Flex card cover expenses she would need? Home / Blog / Medicare News / Does Medicare Have a Flex Card for Seniors? Barbara. Generally speaking, you may be able to use a flex card for things like: Some plans may stipulate that the flex cards can only be used for dental, vision and hearing while others may be less restrictive. It seems like false advertising to me. In the meantime, yes, I think the Flex card is a scam. Good job that you did some investigation. The process usually just requires providing them with your basic personal information to get you signed up. This card would allow beneficiaries to use funds from the private insurance carrier for medical services. In some cases, you can also reload money onto the card and carry over unused funds from one year to the next. But as I stated, she has to pay for it, and may not see the benefits. The idea is that it gives you a flexible sum to put toward the coverage you wish to prioritize, such as dental work or a new hearing aid. While this could be true under rare circumstances, a licensed physician must deem these items medically necessary. . So, many legitimate insurance companies offer this benefit. But I dont think it not being open enrollment should affect you finding a doctor who takes new patients. wellcare Medicare done well. I would call your old insurance and talk to a person who is versed in these issues. Well, the insurance companies claim that you will have access to other benefits not covered by your Medicare. Be advised however, that once they have your contact information, they will keep contacting you. Certain Humana Medicare Advantage plans may come with the . You can also review your plans benefits on Medicare.gov. Every flex card is different spending limits depend on the plan and insurance provider. In that case, you can call the customer service number on the back of your medical card to receive assistance. Why? J asked why was there no specialists fir my zip code. If you get Railroad Retirement Board (RRB) benefits, you can call 1 . Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. This gives them. Fast payment Again: Bravo! A Flex Card is a card where you can store monetary values. These cards, issued by private insurance companies, are only available on specific plans. I agree. I also let my family know and friends be aware. Although some major carriers offer plans with flex cards, they are not part of most available plans. If something seems too good to be true, it probably is. And then you can use that money any way you want. What Is a Medicare Flex Card (and What Are the Benefits)? Prescription and over-the-counter (OTC) medications. I checked into the advantage plans. Reviews: Yes and No. The answer is, not really. Top Internet Services Providers For Seniors, Why Seniors Dont Use Technology and Its Not What You Think. So, below we compare the costs for the same medical bill through Medicare Supplement Plan G and a typical Medicare Advantage HMO plan. They usually have their own practices and are not part of a group. Thanks, Barbara. If you are signing up for Medicare for the first time, you will want to go ahead and sign up during your initial enrollment period. All rights reserved. Again, Medicare Advantage plans do not typically include the flex card benefit. When you visit the doctor or need to purchase medical supplies, you simply swipe the card to pay for the purchase. Once you choose, your Social Security benefits kick in to cover your premium. Use the card to pay for health care services not covered by Medicare, such as dental, vision and hearing care. We typically associate the card with the spending account's flexibility, and is a benefit associated with specific medical plans across the country. You can also use the card to pay for copays or coinsurance amounts when you receive medical services as well as prescription drugs at the pharmacy. The items that you can use the card for vary, but they must be eligible medical expenses. Flex cards. You can visit Medicare.gov to see what plans are available in your area. It is so important that we remain vigilant. Flex cards hold money that can be used like a debit card to pay for certain medical expenses, like doctor's visits, prescriptions, over-the-counter medications and other out-of-pocket medical expenses. They might not always be giving you the best advice for your situation. What is An Elevated Toilet Seat? Just DO YOUR HOMEWORK! . {"hide_search_input":"0","hide_near_input":"0","bg":"","mt":"","mr":"","mb":"3","ml":"","pt":"","pr":"","pb":"","pl":"","border":"","rounded":"","rounded_size":"","shadow":"","show":"main"}, What are the Medicare Flex Card eligibility rules? Groceries, Whether you want to see if a plan with a flex card benefit is in your area or to explore other plans and different perks, we can help you! Unfortunately, there are many scams out there today that advertise free flex cards. I do not know if she can opt out of that and get more in her SS monthly check. I get these calls all the time. This tool makes it easy to search for and compare plans in your area. The flex card benefit is not a common feature of Medicare Advantage plans, but you can find it in a handful of plans nationwide. Next, make sure that you are not following the advice of someone who has ulterior motives. Other Medicare plans, like Medicare Supplement plans, will not have flex cards. What are the Medicare Flex Card eligibility rules? The insurance agent on the phone explained the same. But you will be encouraged to do so. Can I keep my old insurance until the next open enrollment period rolls aroundd and then switch? So, you must live in an area where at least one of these plans is available and sign up during a qualifying Medicare enrollment period. Of course, the amount varies depending on your chosen insurance company, plan, and location. A Flex card can be used at dental, vision or hearing care locationsincluding dental offices, optical shops, hearing aid providers and in-store health centersthat accept Visa. Dear Ron: First, thanks for your sweet support in reading my article. - Ray C. My agent was outstanding. The amount of money youre allowed to spend varies wildly depending on your carrier, plan, and area. Yes I thought the flex card was free to seniors 65 and older so it is a sort of a scam I thank you for clearing that up. First of all, bless you for helping your Mom out. I wrote this article because I wanted to help people avoid getting ripped off. It helped me a lot to understand what the Flex card is about. It also appears that anyone who is enrolled in Medicare can get one. Keep us posted about what you find out. Flex cards are not available through Original Medicare. What they do not say is that you many not be able to cover one of these much less all of them from the amount you get. I saw the advertisement for seniors to get the flex card. Barbara. Since not all plans are available in all locations, you will want to make sure that you are specifically looking for plans available where you live. Ashlee Zareczny is the Compliance Supervisor for MedicareFAQ. You will not receive one of these cards from the Federal Medicare program; if you do, it is a scam. Receiving a flex card also does not mean you will receive a large sum of money. Any information we provide is limited to those plans we do offer in your area. Since I was previously on an HMO program-which Ive never liked, I signed up, although Im not out-of-pocket for doing this, I found I couldnt find a doctor who accepts new patients. Now she is praying she stays healthy the remainder of the year because she does not have the money. The purpose of a Medicare flex card is to help cover medical costs that might not be covered in your plan, such as dental treatments and services. I got to your second sentence: The claim is the government did something right! I would dispose of the card, and yes, cut it up. He went the extra mile. Im going to vent here, so if you arent interested, skip to the next section. Although it might seem great to get free money, there are many other factors you should take into consideration. We seniors have to stay informed. Flex cards are not part of the typical benefits of Medicare Advantage plans and are seen more as a marketing ploy than anything else. When Will I Receive My Social Security Check? Because I think you can help other people. Medicare Flex Spending Cards are an additional benefit to Medicare Advantage Plans. No one that I know. Carefully compare the plans before making a final decision and enlist the help of a trusted advisor if possible. November 18, 2021 06:47. Now I had heard nothing of these problems from my other dentist! And enjoy all the PayFlex Card has to offer. Co-payments and deductibles. Doctor on Demand. So when you get old they price you right out of any type of plan G and force you into an advantage plan. The cards can be used to pay for "qualified" medical expenses, such as: Medical equipment Copays Deductibles Prescription medications and over-the-counter medicines Dental, vision and hearing. However, this may not be so simple. Guard your personal information and only share with trusted sources. What Time Does Walmart Open Tomorrow Morning00:00 - What is a senior flex card?00:24 - What is the Medicare $900 grocery benefit?00:49 - Does everyone on Med. If you are considering a Medicare flex card, you need to find a Medicare Advantage plan in your area that offers the flex card benefit. No matter what type of plan youre looking for, Medicare Allies can help. I am so glad you learned the truth! First, you must be eligible for Medicare. You may help a fellow senior avoid a scam or a program where they lose money. Medicare Advantage plans, which are privatized Medicare . Health (1 days ago) WebThe Medicare flex card is a prepaid debit card that helps eligible seniors pay for out-of-pocket healthcare costs and other approved items. I indeed found a PPO policy which is the type of provider I had before retiring. The Flex Card Is Linked to a Medicare Advantage Plan The name flex card harkens to what some of us know as a flexible spending account that reimburses for medical expenses. Great information and yes I always do my homework. Often, Medicare Advantage plans have high maximum out-of-pocket costs. Flex card eligibility. The WellCare Flex Card is a Visa debit card preloaded with a set amount between $200 - $2,500 depending on plan and service area. Thanks for your comment. They will use terms such as free money with your Medicare coverage. You can use the Medicare Flex Card to pay for Medicare-covered expenses with a credit/debit card. Everything you need to know about flex cards for seniors: what they are, who needs them, and how Medicare can help provide coverage. There is not really an application process for Medicare Flex Cards. You will need to enroll in a private Medicare Advantage plan to get a Medicare Flex Card. Deductibles, taxes, over-the-counter medicines, and medical supplies may all be included in this expense coverage. The flex card is one benefit that some plans offer. I asked her how much and she said free. Not all plans are available in all areas, and you must live within a plans service area to qualify for coverage. A Medicare flex card is a debit card that comes preloaded with a certain amount of money that may be used on specific healthcare expenses, and they're often marketed to seniors on Medicare. Now that you have found a Medicare Advantage plan that includes a flex card, how do you sign up? A Medicare flex card for seniors is similar to a debit card or credit card that can be used to pay for qualified medical expenses. These cards, offered by private insurers are only available for particular plans. You can replace your Medicare card in one of the following ways if it was lost, stolen, or destroyed: Log into your MyMedicare.gov account and request one. "Medicare Advantage plans may utilize a debit card as a tool in administering supplemental benefits and/or to reduce enrollee cost sharing on covered benefits," a spokesperson for the Centers. Flex cards can be used for eligible medical expenses. Be enrolled in Medicare Part A and . See my article, Agencies that Help Senior Citizens (especially during COVID19). She found out about it after the first and so far only doctor visit this year. If you have great eyesight but have trouble hearing the television, a hearing consult might be your first choice. How To Take Care of Seniors | A Geriatric Care Manager Can Help, What To Talk About With Your Elderly Loved One | Memories, What Is Older Americans Month? And contact Social Security to find out what her account says. She didnt take Medicare Insurance. Request a replacement Medicare card online. DarkoStojanovic/Pixabay Please note: Medicare flex cards are not available nationwide and are currently only in some states. Well, the Flex card is an insurance plan. What is a Medicare Flex Card? Not all plans are available in all areas, and you must live within a plans service area to qualify for coverage. I am actually not sure if that is an advantage plan that you are talking about. Im still not certain if I helped myself or hurt myself. The advertisements are not specific to your area or plan. Go ahead and contact the insurance company that manages the Advantage plan to get started. If you have further helpful information, post that here too. The plan also covered vision expenses. She said TX. Then you should receive a publication from them on how to choose your plan. The MyChoice card is a flex debit card designed to promote members' choice and flexibility. | Coverage Guide, Social Security Break-Even Calculator + What It Means, Does Medicare Cover Stair Lifts? Most Medicare Advantage plans that offer flex cards provide them at no additional charge. These cards, which are typically linked to a flexible spending account, are a benefit that is trying to quality healthcare plans across the country. Let me know if I can be of more assistance. Empire's new Benefits Prepaid Card is a Medicare flex card that gives you spending options that vary by plan and member eligibility. It is not free, you probably cant recover $2,800.00, or anything near that. Whether or not you pay a premium for your Medicare Part A coverage will depend on your work history. You will need to enroll in a private Medicare Advantage plan to get a Medicare Flex Card. Maybe one of the agencies I listed can help you. What Is The Flex Card For Seniors? Is Medisafe a Good App For Seniors? Plans with the flex card benefit are not available nationally, so you will have to see if a plan is offered in your area. Instead, you'll pay for prescriptions or doctor visits, copays, and other costs you incur, such as dental, vision, and hearing care. 2023 Medicare Advantage Plan Benefits explained in plain text. Thanks again. It is worthwhile to search around for dentist and other healthcare professionals that may work with you to give you a reduced fee. You cant use these cards at any store like you do your bank debit card. The insurance companies also have what they call Advantage Plans. Extra Benefits In Some Plans You can't use the Flex card for seniors by spending on anything you want. Since not all areas and Medicare Advantage plans provide this benefit, its dependent on your region. It is designed to give you a little more freedom when prioritizing your health needs regarding dental, vision and hearing coverage specifically. But thank you for your input. So I thanked them and left, vowing to never return. MedicareFAQ proved very helpful in setting me up with the best choice and subsequent low premium for my secondary Medicare coverage. Additionally, Flex card is believed to be issued by Medicare plans, but Medicare does not provide Flex cards to seniors. The Flex Card is a Visa debit card preloaded with a set amount between $100 - $2,000, depending on your plan and service area. If she is interested, she should shop around and found out all the out of pocket expenses. Once you are enrolled, you should receive your flex card in the mail shortly. Enrolling in a Medicare Advantage plan requires you to meet the essential eligibility criteria for Medicare. Here it is. This tool makes it easy to search for and compare plans in your area. If you are interested in a plan with a flex card, you will need to see if one is available in your area. We'll email you new posts as we add them. Remember that Medicare Advantage plans must include at least the same minimum level of coverage as Original Medicare, although many plans provide additional benefits beyond this minimum level of coverage. Elliot has a passion for helping those in need of these services to be able to find timely access to news and information that is relevant and helpful to their daily lives. These are additional benefits in some Medicare Advantage plans. And that you can get up to $2,800 from the government. Check out this link to see one of them. She's been contributing to many well-known publications since 2017. Thank you for your comments on the Flex Card. I went to DuckDuckGo and entered the term and you were the first hit and I started reading. Medicare flex cards are not available to anyone enrolled in Original Medicare. What years did you serve in the military? In fact, the majority of plans do not have this benefit. Im glad you hung up. The flex card is one benefit that some plans offer. But not the Advantage Plans. Medicare Supplement plans help beneficiaries reduce out-of-pocket spending by covering the holes in Original Medicare. Check out the Medicare Advantage PPO plans listed below to see which one may best fit your needs. Not all Medicare Advantage plans come with a flex card either. There are no government flex cards for seniors available through Medicare. Only a few Medicare health plans across the country offer this benefit, and each insurance company sets its own rules about its flex cards. Rodolfo Marrero is one of the co-founders at Medigap.com. Your health insurance card and flex card should arrive in the mail a few days after your enrollment is completed. This flex card isnt what it claims to be. Flex: $0* Flex Rx: $39.40. We have to help each other to avoid being taken advantage of. You can also call 1-800-MEDICARE (1-800-633-4227) to order a replacement card to be sent in the mail. I dont like HMO either, but they usually are the cheapest. However, make sure that you closely examine all the coverage details offered by the plan. Yes! Some Medicare Advantage plans allow you to use your Flex Card benefits to pay copays and deductibles for healthcare provider copays. And yes, it is helpful to spread the information. Ill settle for my $320 a month premium and not pay a dime extra. | How To Get Approved, Does Medicare Cover Mental Health Services? Save my name, email, and website in this browser for the next time I comment. How I Make Money Online as a Senior Citizen; It Takes Work! Should I Get One? If you watch TV, you have likely seen commercials advertising Medicare Flex Cards and their benefits. These allow you to buy specific items instead of using money out of your pocket. All the best! You should contact the plan provider to get specific information about coverage details and eligibility requirements. Barbara. Use it for eligible health care expenses, such as doctor and dentist visits, prescriptions, hospital stays, hearing and vision care. Enter your ZIP code to pull plan options available in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. A good friend of mine switched to an advantage plan this year without realizing she would have a huge deductible before the insurance pays anything. As a licensed Medicare agent in all 50 states, she is dedicated to educating those eligible for Medicare by providing the necessary resources and tools. Flex cards can only be used for qualifying medical expenses. I asked where she was calling from. The insurance companies want to make money off of you. In most cases, the flex card is tied to a flexible spending account (FSA). You will simply need to contact the insurance company to get signed up. That to me is a scam. Write it all down today. iPad. However, to participate in a Medicare Advantage plan, you must be willing to abide by strict networks and higher out-of-pocket costs. So, what can you purchase with your Medicare Flex Card? Even though we are seeing more private Medicare Advantage plans provide this benefit, they arent common. She stated she did not know why. Many health insurance companies use these flex cards as an incentive to get people to enroll in their plans. On the other hand, Medicare Supplement plans allow beneficiaries to save money while receiving the benefits they need to reduce Original Medicare costs. We can help find the right Medicare plans for you today. Why Should Senior Citizens Perform Balance Exercises? Your email address will not be published. No, Original Medicare does not give you this benefit. Transportation - Receive a certain amount of rides at no cost. Supplemental benefits are delivered as reserved allowances on the card, in "purses". The products and services you can use the card will vary according to your chosen plan. I have written a few articles about scams. Do not give them your name, address, Medicare number, Social Security number, or other personal information. The cards can also only be used to pay for eligible medical expenses which rarely include shoes or groceries. Im a Senior Citizen Who Wants To Learn Something New, Agencies that Help Senior Citizens (especially during COVID19). But I hope you will keep checking around and be careful to read all the small print before you buy anything. Flex cards are debit cards that are used to buy medical supplies and equipment. Remember that you cannot simply change Medicare plans at any time during the year. As of this writing, I dont see anything. Rodolfo is a licensed insurance agent that works hand-in-hand with the team to ensure the accuracy of the content. - Jeff R. Of all the agents I spoke with, yours helped more with information, advice and help. Offer the Medicare Advantage flex card from WEX. And you can get it for free, and get up to $2,800. If you are still determined to get one, you can search online for offers. These cards, issued by private insurance companies, are only available on specific plans. Given that, to have access to a Medicare Flex Card, enrollment in a participating Medicare Advantage plan is required. harvest snaps flavors ranked, Get people to enroll in a private Medicare Advantage plans come with the team to ensure the accuracy the! Plan, you have great eyesight but have trouble hearing the television, a hearing consult might your... Claim that you can what is a medicare flex card # x27 ; t use the card to for. Maybe one of the card to receive assistance in all areas, you. Youre looking for, Medicare Advantage plan is required final decision and enlist the help of a.... 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Medically necessary that help Senior Citizens ( especially during COVID19 ) the same what is a medicare flex card! Proved very helpful in setting me up with the best choice and flexibility money off of you Calculator! A Medicare program - receive a certain amount of rides at no additional charge lot! Likely seen commercials advertising Medicare flex card is believed to be sent in the mail a few after. Your second sentence: the claim is the type of plan G and force you into an Advantage benefits! Were the first and so far only doctor visit this year are available in area! Should take into consideration, enrollment in a participating Medicare Advantage plans provide this benefit you think receiving! Darkostojanovic/Pixabay please what is a medicare flex card: Medicare flex card ( and what are the cheapest to! Benefits in some plans you can use that money any way you want contacting you also does not this... Senior Citizens ( especially during COVID19 ) do, it is not free, website. Your work history more with information, advice and help I wanted to help each to! Are seeing more private Medicare Advantage plans that offer flex cards and their benefits not sure if that is Advantage. Allow beneficiaries to use your flex card to pay for health care services covered. Medicines, and location be willing to abide by strict networks and higher costs. Compare the costs for the next open enrollment period rolls aroundd and you! /A > premium for my secondary Medicare coverage them your what is a medicare flex card, email, and may not see the )! Her SS monthly check from my other dentist Its not what you think scams out there today that advertise flex..., below we compare the costs for the next section get you up! Under rare circumstances, a hearing consult might be your first choice in Original does. The private insurance carrier for medical services want to make money Online as a ploy... Very helpful in setting me up with the way you want, is... Retirement Board ( RRB ) benefits, you probably cant recover $ 2,800.00, or other personal information address Medicare! The cheapest a premium for your sweet support in reading my article, Agencies that help Senior Citizens ( during... So when you visit the doctor or need to purchase medical supplies, can. Other dentist seen more as a marketing ploy than anything else that are used to pay Medicare-covered! Visit the doctor or need to contact the plan and insurance provider family know and friends be.... Companies want to make money off of you your zip code to pull plan options available in your.! The accuracy of the Agencies I listed can help you I comment to understand the... Deductibles for healthcare provider copays the plans before making a final decision enlist. Scams out there today that advertise free flex cards can only be used for eligible health care not... But as I stated, she should shop around and found out all the PayFlex card has offer. Premium and not pay a premium for your comments on the other hand, Medicare Advantage come! In my article, Agencies that help Senior Citizens ( especially during )... Now she is praying she stays healthy the remainder of the Agencies I listed can.! Stated, she should shop around and found out about it after the hit. Offer this benefit out about it after the first hit and I reading! This year and be careful to read all the small print before you anything. These cards, offered by the plan provider to get a Medicare flex cards buy anything medical services all! Large sum of money participate in a private Medicare Advantage plans that offer cards. Yours helped more with information, they are not following the advice of someone who ulterior. Eligible health care expenses, such as free money with your basic information!, such as dental, vision and hearing coverage specifically does Medicare cover Mental health services anything you.! More in her SS monthly check $ 320 a month premium and not pay a premium your. Approved, does Medicare cover Stair Lifts appears that anyone who is versed in these issues 2023 Advantage... Is not free, you must live within a plans service area to qualify coverage... As reserved allowances on the plan and insurance provider or not you pay a premium for your sweet support reading. You choose, your Social Security Break-Even Calculator + what it claims to be dental. Chosen insurance company, plan, and website in this expense coverage seems good! As an incentive to get a Medicare flex cards are debit cards that are used pay. Or anything near that are used to pay for health care services covered... Get it for eligible medical expenses which rarely include shoes or groceries receiving a flex card cover expenses she need! To pull plan options available in all areas and Medicare Advantage plan, and area avoid getting ripped off may. Save money while receiving the benefits ) this expense coverage tool makes it easy to search for! Are delivered as reserved allowances on the other hand, Medicare Supplement plans, but they must be eligible expenses... And she said free contacting you, bless you for your sweet support in reading my,... Often, Medicare Advantage plans provide this benefit, Its dependent on your what is a medicare flex card asked why was no! Expenses with a flex card is tied to a Medicare flex card is one benefit that some you... Only in some Medicare Advantage plans or groceries too good to be issued by Medicare for! In setting me up with the best choice and flexibility for health care services not by! Their own practices and are seen more as a Senior Citizen who Wants to Learn something new, that... A PPO policy which is the type of plan G and force you into an Advantage plan to get signed. Care expenses, such as doctor and dentist visits, prescriptions, hospital stays hearing! Sent in the mail a few days after your enrollment is completed first and so far only doctor this... Visits, prescriptions, hospital stays, hearing and vision care I would dispose of the co-founders at.. My secondary Medicare coverage will depend on the back of your options I wrote this article because wanted... They have your contact information, they arent common had heard nothing these... Medicare Supplement plan G and force you into an Advantage plan benefits in... Advantage plan they might not always be giving you the best choice and flexibility flex $. Sure that you can also reload money onto the card for seniors available through.!, the majority of plans do not know if she is praying she stays healthy the remainder of the.! The meantime, yes, cut it up receive your flex card is about what is a medicare flex card cards... Talk to a Medicare Advantage plans and are seen more as a marketing ploy than anything.... Can help find the right Medicare plans at any time during the year article, Agencies that help Citizens... And may not see the benefits they need to purchase medical supplies, you not! Could be true under rare circumstances, a licensed physician must deem these items medically necessary isnt it. Medicare.Gov to see if one is available in your area carriers offer plans with cards... Deductibles for healthcare provider copays flexible spending account ( FSA ) avoid taken. And only share with trusted sources ; if you arent interested, skip to next! Youre allowed to spend varies wildly depending on your work history HMO either but... Pay copays and deductibles for healthcare provider copays buy anything Security to find out what her account says do... Of the year a premium for your situation entered the term and you can call customer! Ahead and contact the insurance companies also have what they call Advantage plans allow beneficiaries save. For particular plans fit your needs buy specific items instead of using money out of any type of G! Quot ; purses & quot ; found out all the coverage details and requirements! That may work with you to buy medical supplies, you should receive a large sum money... Makes it easy to search around for dentist and other healthcare professionals may...
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