Recently, insurance carriers have included additional health-related benefits in Medicare Advantage policies. It’s easy to understand why. A healthier lifestyle reduces medical costs. The insurance provider and the insured both benefit.
Popular additional benefits included in Medicare Advantage include:
- Over-the-counter items like toothbrushes, vitamins, medical supplies and fitness monitors
- Gym memberships
These benefits can vary widely between different plans and carriers.
Here are some considerations to take into account when evaluating a plan:
Dental coverage may include routine preventative services (twice yearly cleaning, exam and x-rays), comprehensive care (minor, restorative and major services) or both.
Vision and hearing coverage is usually for routine services--typically an annual exam. Materials such as hearing aids, glasses and contacts may be partly covered as well.
Coverage of over-the-counter health products like electric toothbrushes, vitamins, medical supplies and fitness monitors is becoming increasingly popular. This is usually a quarterly allowance which may either roll over (if not used) or be “use it or lose it.”
Gym memberships like Silver Sneakers, Silver and Fit or Renew Active may be offered. Most plans offer this at no extra cost. Check if your favorite gym is covered and if extra classes, like watr aerobics and cycling classes, are covered.
Remember, these added benefits are a “win-win” for you and your insurance carrier. They save money by keeping you healthier. You get coverage and services beyond traditional Medicare and save money on things you may already pay for out of pocket.
Review these additional benefits with your Connie advocate and choose a Medicare PPO plan with the best combination of benefits for you.