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[vanity] Is there any reality behind these Medicare "prepaid spending cards"?
http://self.com ^ | 11/30/2024 | Self

Posted on 11/30/2024 9:42:08 AM PST by Attention Surplus Disorder

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To: Attention Surplus Disorder

My U card from United Health Care offers me 50 dollars for 3 months. Starting in January, Go Health will give me 40 dollars a month on my U Card


21 posted on 11/30/2024 11:14:25 AM PST by mjp (pro-freedom & pro-wealth $)
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To: goodnesswins

Yes spam protection that’s the ticket. Better spam protection. Some people have better spam protection than others.


22 posted on 11/30/2024 11:14:40 AM PST by webheart
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To: Attention Surplus Disorder

The way this works is, you need supplemental insurance along with Medicare. There are dozens of firms offering this. In my case the supplemental insurance company gets my Medicare money, and they arrange with providers for a discount. They offer a prepaid card for, in my case, $600 I can spend on almost anything, to get my business. Each of these cards are from an insurance company trying to get your Medicare payment. If you read the fine print if you accept the card, you’re switching whatever insurance you have now for the new company.


23 posted on 11/30/2024 11:23:06 AM PST by Gen.Blather (Wait! I said that out loud? )
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To: Attention Surplus Disorder

My Medicare advantage plan has a over the counter meds pre paid card, I get 50.00/ quarter nice to get stuff cheaply delivered. My plan also has a grocery card but I don’t qualify


24 posted on 11/30/2024 11:27:58 AM PST by markman46 (engage brain before using keyboard!!!)
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To: Harmless Teddy Bear

It’s not a scam

My ex gets $110 a month for food pre-loaded

You need to find stores that have the right input cashier for it. Publix takes it


25 posted on 11/30/2024 11:50:47 AM PST by LRoggy (Peter's Son's Business )
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To: Attention Surplus Disorder

If you are poor or don’t make much social security, you are eligible for these extra benefits such as a prepaid card. If you get the average social security benefit and receive a pension plus interest off of your benefits, the you make too much.

Quit listening to Joe Namath.


26 posted on 11/30/2024 12:06:15 PM PST by caver ( )
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To: studly hungwell

I have a “U card” which provides a total of $40 a month for medical/age related items such as Fixodent, Efferdent, Tylenol etc. It is great.


27 posted on 11/30/2024 12:08:51 PM PST by Pirate Ragnar
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To: UB355

Me too. It works great and is useful.


28 posted on 11/30/2024 12:09:55 PM PST by Pirate Ragnar
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To: Attention Surplus Disorder

There’s a certain amount of money that Medicare pays to their Part C recipient companies (Medicare Advantage, really HMOs or PPOs), something $8000 per patient, per year. If the company running the Part C plan can come in UNDER what Medicare is paying them (say $6000), then they basically have to offer goodies to balance out their income versus payouts (in other words, if the plans just keep the difference, they’d be price gouging). So the freebies include gym memberships, eyecare, hearing aids, and also grocery cards...and yes, if costs go up, the goodies can vaporize on you.

But, obviously, there is a rub with the Part C plans - and that is you have to work through insurance companies whose interest, of course, is minimizing costs (not necessarily good if you need a knee, for example). Traditional Medicare doesn’t have that middleman - if something is needed, and it is covered by Medicare, then it’s done, no questions asked, but you do pay for that in separate Supplemental and Drug Plans.


29 posted on 11/30/2024 3:53:30 PM PST by BobL
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To: studly hungwell

Had a friend in your situation. She had two heart attacks in one year and switched to Medigap the second she could.

Just FYI :)


30 posted on 12/01/2024 12:44:42 AM PST by Chicory
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To: goodnesswins

I live in Williamsburg, Va. I get $90 a month for groceries and $140 every 3 months for OTC. I AM ON Medicare only.


31 posted on 12/01/2024 4:27:13 AM PST by Ouch (The only way three people keep a secret is if two of them are dead.)
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