MOBILE, Ala. (WALA) – More than 30 million Americans are enrolled in Medicare Advantage and with it comes a valuable perk many members don’t fully use: Over-the-Counter (OTC) allowance benefits. These benefits can help pay for a range of essential health and personal care products- but shockingly, billions in unused funds expire every year.
Financial wellness expert Shinobu Hindert teamed up with Kenvue to help seniors and caregivers understand how to take full advantage of their plans. She shared information from a new report on how consumers feel about OTC products, breaking down how Medicare Advantage members can easily use their OTC allowances to save on everyday essentials—from cold and flu remedies to skincare and dental care—often using familiar, trusted brands like…..