Medicare plan to cover Walmart over-the-counter drugs

A privately managed Medicare plan will cover over-the-counter medications at Walmart starting next year.

Anthem said in a statement that its Medicare Advantage plan, which operates in Ohio, will let enrollees to use their insurance coverage for the medications as well as some other health-related goods starting January.

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The announcement comes as Medicare open enrollment season nears and insurance companies have been ramping up efforts to attract members to pick their Medicare Advantage plans. Open enrollment is Oct. 15 to Dec. 7.

With Medicare Advantage, insurance companies privately manage health plans and get paid a flat rate from the federal government per person per month.

Anthem had 179,719 Medicare Advantage enrollees in Ohio as of January 2018, according to insurance analyst Allan Baumgarten’s review of the state’s health care markets.

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