5 Medicare Benefits Most Seniors Don't Know About in 2026

Many seniors enrolled in Medicare Advantage plans are leaving money on the table. According to recent data, up to 70% of eligible beneficiaries don't fully utilize their plan benefits each year.

Here are five Medicare benefits that most seniors don't know about:

1. Over-the-Counter (OTC) Card Benefits

Nearly 79% of Medicare Advantage plans now offer an OTC benefit card, with an average annual value of $400. This card can be used to purchase everyday health items like vitamins, pain relievers, first aid supplies, and more at major retailers like CVS, Walmart, and Walgreens.

2. Grocery Allowance

Many Medicare Advantage plans, particularly Dual Special Needs Plans (D-SNPs), offer a monthly grocery allowance ranging from $25 to $200. This benefit helps cover the cost of healthy foods including fruits, vegetables, whole grains, and lean proteins.

3. Part B Giveback Benefit

In 2026, over 1,369 Medicare Advantage plans offer a Part B premium reduction (also known as the "giveback" benefit). This can reduce your monthly Part B premium of $202.90 by up to $174.70, effectively putting money back in your Social Security check.

4. Transportation to Medical Appointments

Many plans cover rides to and from doctor visits, pharmacies, and other medical appointments. Some plans offer up to 24 one-way trips per year at no additional cost.

5. Fitness and Wellness Programs

Programs like SilverSneakers or Renew Active provide free gym memberships, fitness classes, and online workout programs to Medicare Advantage members. These programs promote physical health and social connection.