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ATLANTA — InComm, a leading prepaid product and transaction services company, on Monday announced that six health plans across Arizona and Texas will be providing over-the-counter benefits through Medagate, InComm's healthcare platform.
"Our partnership with these leading Arizona and Texas health plans will create more convenient services for their members, but also allow retailers and health plans to collaborate on wellness initiatives," David Vielehr, VP InComm said. "Over the last two years we have seen a dramatic expansion of the benefits we provide seniors. We look forward to bringing our network of retailers and health plans to Arizona and Texas."
Many Medicare Advantage plan members do not take advantage of OTC Medicare benefits because they must either pay out-of-pocket for OTC items and seek reimbursement, or order online via a catalog and wait up to a week to receive OTC items, InComm noted. The OTCNetwork Card functions like a conventional prepaid card but restricts usage to the purchase of OTC Medicare eligible items for use in self care.
Participating retail partners include CVS/pharmacy, Dollar General, Family Dollar, HEB, Rite Aid and Walgreens. Participating health plans include University of Arizona Health Plans, Phoenix Health Plans and Valley Baptist Health Plans.
Since 2012, Medagate has worked with more than 25 health plans serving more than 400,000 health plan members and provided eligible seniors with approximately $100 million in OTC benefits at the point of sale, InComm stated.