A benefit included in some Medicare Advantage plans is an OTC card, or over-the-counter card, which enables beneficiaries to buy particular over-the-counter items at businesses that participate in the program. A Healthfirst OTC Plus card may greatly facilitate the process of maintaining your well-being. With the help of this effective tool, you may save money on items like aspirin, toothpaste, and other daily necessities.
OTC Card; Source- Payments Journal
Advantages Of OTC Card
You can use your OTC card to purchase a variety of goods from partner neighborhood merchants and select internet sellers, whether you choose to shop in-person or online, and you can take advantage of home delivery for free. If you have an OTC card and are a member of the Healthfirst Medicare Advantage plan, you have access to a wide range of over-the-counter medicines and medical supplies. This card serves as more than simply a means of payment; it’s your entryway to cost-effective savings while putting your health first. It’s crucial to understand that not each Medicare Advantage plans offer OTC cards, and that their availability may be restricted in some US states.
Beneficiaries who meet the requirements will be given an OTC card, giving them access to up to $70 every quarter for the purchase of a variety of OTC goods. Calling the number on the card for activating it is necessary before utilizing the card to earn the initial time. Simply follow the directions on the sticker that is printed on the front of your card to do this. You can effortlessly use your card for eligible purchases at participating shops and bodegas once it has been activated. Usually, the stores are very explicit about whether or not they are taking part.
OTC Card Is Applicable For Approved OTC Items
For in-store transactions, neither a signature nor PIN is necessary, and the procedure is comparable to that of the use of a prepaid card. To finish the payment at the register, just swipe the card. It’s crucial to remember that such an OTC card is only intended to be used for approved OTC items. You should use a different card to pay for prescriptions. The quarterly allowances’ unused balances will roll over to the next quarters, but you must use the balance that remains before the year is over, or by December 31, 2023. You can use your personal debit or credit card to make up the difference if your spending is greater than the quarterly allowed amount. The OTC card has been loaded with the every three months OTC sum at the start of each calendar year, which answers the question of when your health insurance card needs to be reloaded each month.
What To Do After Activating The OTC Card
Start by turning on your OTC card. Call 1-888-682-2400 or go to www.myotccard.com to accomplish this. To begin the activation procedure, just type in your Card Number as well as ArchCare Advantage Member ID. Visit a participating shop or pharmacy equipped with your registered OTC card as well as the eligible OTC item(s) you intend to buy. You can seamlessly execute your purchase thanks to this simple method. It is possible to use your OTC card in several neighborhood stores, including well-known chains like CVS, Walgreens, Duane Reade, Rite Aid, Dollar General, Family Dollar, and Walmart. The vast network ensures your convenience. Online shoppers will be happy to know that trustworthy websites like Walmart.com and Medline.com are another option for buying qualified OTC products.
