By Trish Pearson
Insure Your Future
Trish Pearson
Many insurance companies are offering free benefits and cash for being proactive about your health. As we come to the end of 2022, take a minute and make sure that you have collected all the credits available. These benefits come in two categories. First, many Medicare Advantage plans offer rebates for dental visits, eyewear and hearing aids. They also provide quarterly or monthly credit for over-the-counter medications and health related products. Second, many companies also offer cash rewards in the form of gift cards for completing health related activities.
Many plans will reimburse you for cleanings and other procedures up to a certain amount. If the dentist is not in network, submit a copy of the paid receipt. The same is true for glasses and contact lenses. Some plans require you to see a certain vendor, but many do not. Check with the member services department or go online for instructions on how to file a claim.
The over-the-counter benefit is probably the most underused perk. Each plan has a different way of delivering this benefit. Some have a swipe card that can be used at specific stores; for others you need to call or go online. Not sure of the balance on your account? Call member services and they can tell you what is left and how to order. There are catalogues available on company websites and in printed formats. The balance will not carry over to next year, so use it or lose it.
In addition to medical products, some companies are offering extra benefit cards that can be used for healthy foods, utilities and transportation. These benefits are available for those who qualify for extra help with medical copays, prescriptions and Medicare B premiums.
Did you have a physical this year, cancer screening such as a colonoscopy or mammogram, or do you have diabetes? Many insurance companies are offering cash rewards for completing these and other activities or completing a survey about the condition. Start by setting up an online account with the insurance provider and then follow the instructions on how to collect or complete the post-paid business card that was included in your insurance materials.
The rewards come in the form of gift cards to area stores such as The Home Depot, Kohls and Best Buy. For more information, go online or call the member services number on the back of your insurance card. If you need help with the online part of this, call your agent or your grandson or your daughter. It’s worth the phone call.
Finally, I wish all readers a special holiday season and a year ahead with less COVID, less stress and more good health and happy times. Thank you for following me in this column and for your kind comments.
Trish Pearson is a licensed independent insurance agent and certified long term care specialist. Contact her at 203-640-5969 or trishpearson281@gmail.com.