Heres a look at what flex cards are (and are not), how they work, how to get one, and how to protect yourself from potential flex card scams. Medigap plans are a direct extension of Original Medicare, available through private insurance companies. Medicare supplement insurance plans are not connected with or endorsed by the U.S. government or the federal Medicare program. Most of the time it is a combined benefit annually to be used for either dental, vision or hearing. For example, if youre in the market for new glasses, but your Medicare Advantage plan does not provide vision coverage, you may be able to use your flex card to cover some or all of the cost. Flex cards aren't the only extra benefit offered by Medicare Advantage plans. Learn what some Flex Card benefits may offer and whether it's something that may be useful to you. New Medicare Benefit Gives Seniors "Flex Card' To Spend $2,880 Every . If you complete a purchase using one of our links, we may receive a small commission at no extra cost to you. The scam consists of a recorded message advising callers that if they are sixty years of age or older they are eligible for the national senior assistance program. 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 theyre often marketed to seniors on Medicare. While flex cards may be offered as part of Medicare Advantage plans, there is no government flex card for seniors. First, take the time to verify that the company or agent youre dealing with is legitimate. Additionally, Ashlee trains new and tenured Medicare agents on CMS compliance guidelines. Save my name, email, and website in this browser for the next time I comment. An ad saying there was $2,880 available in a Medicare Flex Card looked like a windfall to Laurence Archer. Does Medicare Have A Flex Card For Seniors? | PolicyScout Flex cards are tied to health insurance, and these flex card for seniors are actually a health insurance marketing tactic designed to lure seniors into switching to specific Medicare Advantage plans. Key Takeaways. If youve provided any credit card information, notify your card provider and cancel the cards to reduce the risk of any fraudulent spending. Once the money in the flex card account is spent, the card cannot be used again until it is reloaded by the insurance provider based on their guidelines. Flex Card Program offered me a $1000 with a deposit of $69, I was appoved and offered another $1000 for $29 NO CARD EVER CAME Boca Raton, Florida. How to qualify for a Flex Card? - medicarenationwide.com The cards are not provided by Medicare. Get a Life Insurance quote today. $2800 Flex Card For Seniors On Medicare And Medicaid Im not saying its the government doing this. Would be nice if we knew what we can buy. Not everyone in a Medicare Advantage plan will qualify for a flex card. He is what is known as a captive agent because he only works with one insurer in this case, its United Healthcare. Fact Check: Government Medicare Program Does NOT Offer A Flex Card These optional plans combine Medicare and additional services into healthcare packages tailored specifically for seniors.

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