Is the senior flex card legitimateno, the Senior Flex Card is not a legitimate form of payment. A deadline of September 30th, however, must be met. New Medicare Benefit Gives Seniors "Flex Card' To Spend $2,880 Every Year Free Of Charge. We were unable to find any Flex Cards that actually had the $2,880 that they originally advertised. These ads usually include a multitude of misleading or false claims. You simply need to swipe your card at the providers location and select the credit/credit card option from the drop-down menu in order to avoid having to pay any transaction fee or enter a PIN. The devil is in the details. Medicare beneficiaries often wonder if their coverage includes dental services. Enrollment Assistance. The Flex card is NOT a cash card and cant be used to get FREE money or cash back. Contact us at the number above or complete our online rate form to see affordable plans in your area today! The new Medicare card is free. Medicare Advantage vs. Medicare Supplement. 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. Health insurance is complicated enough without worrying about these bad actors, but its something we have to always be vigilant about. In our community, we have a so-called advisor who lurks around our local food banks. We'll also explain how . 2023 we got one card for both food and medical. You can also contact Medicare directly via 1-800-Medicare or by online chat at Medicare.gov. Therefore, if the Flex card has a $500 allowance and the Medicare plan offers, let's say, $1000 in dental benefits, your total benefit for the year would be $1500. We bought a medical item and it came off the $125. Limitations and exclusions may apply. The amount of money you can use will depend on your health care insurance provider and plan. Often, the so-called advisor will pressure you to act quickly. 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. For example, the flex card can be used for the following expenses: Medicare Flex Card Coverages. This is a marketing . Social Security Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. If you suspect you are the victim of a scam, dont let the scammer know you are suspicious since this may prompt them to do something rash with your information, such as running up credit card debt or trying to sell your personal information online. Assurance IQ, LLC is a wholly owned subsidiary of Prudential Financial, Inc. If you have regular, recurring medical expenses, this quarterly flex card model may work for you, but if your health needs are more variable, upfront funds may be a better choice. And funds can only be used for eligible, qualifying, medically necessaryServices or supplies that are needed for the diagnosis or treatment of your medical condition and meet accepted standards of medical practice. If someone reaches out to you and then asks for your personal information, thats a big red flag. Please note that this line is for HEARING AIDS and not for information about the Flex Cards. Most legitimate organizations require you to reach out first; they wont contact you unsolicited. Ultimately, you are responsible for your financial and other decisions. While some private insurance companies may offer cards that carry balances of several thousand dollars each year, many may fall in the lower hundred-dollar range. For instance, you could be taking advice from an insurance agent who is getting a commission from making a sale. Medigap plans work in lockstep with Original MedicareOriginal Medicare is private fee-for-service health insurance for people on Medicare. The message states, "Sixty years old or older, you now qualify for the new national senior assistance to receive $3,000 in free grocery savings certificates.". Most of the time it is a combined benefit . Flex Cards are for use to cover qualifying medical expenses only. ). The amount that comes preloaded on the card and the services and items you are allowed to spend it on is determined by your Medicare Advantage provider. To apply for flex card benefits, contact your Medicare Advantage provider. Using a flex card is like using a debit card. To qualify, you generally need to be at least 65 years old and to have lived in the United States for at least five years as a citizen or permanent resident. According to Healthcare.gov, a flex card can be used to pay for certain out-of-pocket health care costs. Fraudsters take advantage of times when things are changing and its more difficult to spot a scam. Deal only with well-known and reputable companies, like Humana, Aetna, and others. Please contact Medicare.gov or 1800MEDICARE (TTY users should call 1-877-486-2048) 24 hours a day/7 days a week to get information on all of your options. Get More Details and Apply Here: Not connected with or endorsed by the United States government or the federal Medicare program. I got scammed on the last offer all they wanted was me to change to them for Medicare coverage I dont know where they get people to say they got a flex card. Is the full amount provided upfront or over a period of time? Plan for your familys future. transportation Money on Medicare flex cards, meanwhile, is disbursed according to a schedule set by Medicare Advantage providers. 2. In addition, policyholders cannot carry both Medigap and Medicare Advantage insurance. Get affordable hearing aids that dont break the bank. FLEX is a program of the U.S. Department of State with funding provided by the U.S. Government, administered by American Councils for International Education. Next, make sure that you are not following the advice of someone who has ulterior motives. In 2022, this amount is$3,050 per year. ebt card These organizations can help you through these complex decisions, and they can provide all the details you need to make the most informed decision. To protect your older adult from Medicare card scams, educate them about 3 common techniques that con artists may use. If the Medicare plan offered $1000 of Dental benefits and the Flex card has a $500 allowance then you would have a total benefit of $1500. Last year ,2021, we got 50 and 500 but found out in November we could buy anything. . Nicole started Low Income Relief after a personal experience with poverty. In my experience, the best way to find a trustworthy Medicare counselor is to reach out to your local Area Agency on Aging. FSAs also require you to pay for covered health services out-of-pocket and then submit a claim for reimbursement, while flex cards let you access money for costs directly. But the cards are not provided through Medicare -- the US insurance program for people 65 and older -- and experts say that such ads should be approached with caution, warning that some exaggerate eligibility and benefits. Medicare Supplement plans help beneficiaries reduce out-of-pocket spending by covering the holes in Original Medicare. Are You Confused About Medicare and Having Trouble Choosing the Right Plan? Some Medicare Advantage plans, which are private insurance alternatives to government-run Medicare plans, offer flex cards, but very few . Here, the general rule is to supply as little personal information as possible until youre ready to purchase a plan and youre confident that the provider is legitimate. To help reduce the risk of flex card-based fraud, its worth watching out for common red flags. The flex card for seniors offer is typically tied to a Medicare Advantage plan. Most of the time it is a combined benefit annually to be used for either dental, vision or hearing. Compare Plans and Get Quotes While some carriers offer a flex card benefit, it is rare to receive such a large amount. Thank you. Tap Below To Call & Qualify! Many of the flex card offers I found were only available for enrollees in specific states. Assurance IQ is a licensed representative of Medicare Advantage HMO, PPO and PPFS organizations and prescription drug plans with a Medicare contract. They can be used to buy medical equipment, medical expenses, and certain other items. Several attendences from government funded agency were sent, but they would take advantage of his situation. If the Medicare plan offered $1000 of Dental benefits and the Flex card has a $500 allowance then you would have a total benefit of $1500. Even if you do everything right, you could still be a victim of Medicare fraud. Then, report it by calling 1-800-MEDICARE or by going to the FTC website. Facebook posts advertise a "Medicare Flex Card" that seniors can use to pay for expenses such as groceries. If you give that site your personal information, they are likely going to sell it for profit. healthcare As a result, its worth asking your prospective provider-specific questions and demanding clear answers in return. 855-487-0142. Additionally, they find cost-saving benefits such as a flex card never truly live up to their promises. Thanks EIP! For a total of $1,600 per year, the most extensive valid flex plan identified featured a $1,000 flex card and a $50 monthly debit card for other out-of-pocket expenses. The Medicare flex card is a prepaid debit card that helps eligible seniors pay for out-of-pocket healthcare costs and other approved items. Start with some basic research by searching for the company or agents name online and seeing what comes up. Its offered through private Medicare Advantage plans and only available in specific areas around the country. Remember, when you enroll in Original Medicare during the General Enrollment Period, you may be responsible for paying late enrollment fees. Prescription and over-the-counter (OTC) medications. However, it isnt difficult to see how private insurance companies can use them in a slimy way to promote free money and free Flex Cards. This is true even if they did not work during the Open Season. Only one agent from our office will contact you. You should be eligible for Original Medicare before signing up for a Medicare Advantage plan. Again, Medicare Advantage plans do not typically include the flex card benefit. Medicare Supplement plans do not include flex card benefits. . Medicare flex cards for seniors are available exclusively through private insurance companies. Seniors can only use the Flex Card for Seniors to receive free money or cash back, as the Flex Card is not a cash card. As a senior, it is important to note that Medicare coverage is a complex issue and you need to discuss it with an unbiased health counselor before changing any health care plan. These cards, issued by private insurance companies, are only available on specific plans. Flex cards are debit cards beneficiaries can use to purchase medical equipment and items. If you qualify, you may be able to receive death benefits including: Survivor payments. An ad saying there was $2,880 available in a Medicare Flex Card looked like a windfall to Laurence Archer. How can you protect yourself from Medicare scams? Two types - a medical care or health care FSA and dependent care FSA - are typically offered through an employer. In fact, many of the advertisements were downright deceptive and implied . The cards are available in limited geographic areas. For example, if the company says you get a $2,000 flex card, ask how much of the money you get upfront. You May Like: Razor Company That Supports Police. Medicare Supplement plans make healthcare affordable and easy for all enrollees. The money in your FSA can be used on your parents if they qualify as your dependent. The whole point of the flex card for seniors is to lure seniors into enrolling in new Medicare Advantage plans while its open enrollment season. You should automatically receive your flex debit card in the mail around the beginning of your plan This is a marketing tool of the private company and gets you to change your Medicare Advantage plan to another company. Thats not accurate at all. This is how the ad and the website appeared at the time of writing: Author: Unadilla, New York. Additionally, there may be any fraud that can attract you to go plans by any risky platforms. benefits However, the costs for these plans vary and not all seniors are eligible for them. Misconceptions about Medicare flex cards. There is no enrollment period since not all insurers offer these cards, and those that do may have different rules about the amount of money these cards carry along with the services they cover. Aetna. You can even add a flex card to your Amazon account for eligible purchases. You can make contributions to your FSA through payroll deductions for as long as you are employed. If a scammer calls you or your older adult to ask for their Medicare number or other personal information, hang up immediately. These optional plans combine Medicare and additional services into healthcare packages tailored specifically for seniors.
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