Last Saturday I got a new credit card from Aetna. This is the group that umbrellas my Coventry health insurance program. The card simply came in the mail and had instructions on how to activate this Visa card. Some call it a Healty Living Card but it seems unclear both online or on the phone what all of its uses are.
What I seem to have figured out so far is that between now and the end of the year I have $300 loaded on this card. If you do not use it you lose it and it does not roll over. You get $300 a quarter and can use it for real food items and gasoline. I broke this down into an extra $100 per month and have already filled the gas tank. This is not money you pay back. It is an allotment to you. Use it or lose it.
Seeing that I am older, one checkout at the gas station said "it looks like a scam to me." She can think what she likes but I'm the one that drove away with the gasoline. Is anyone else getting this or a similar type card? My insurance company has dropped a lot of prices and claims they are doing this because times are hard and inflation hurts us all.
Meanwhile, the push is on daily to get all of us on Medicare to switch and get a different plan because they all want your money. Go ahead and do that. Go ahead. It will be different insurance.
I don't trust any of those motherfuckers!
To me none of it is trust. It is all about "free money." Somewhere along the way my Medicaid paid for this. On TV just today I saw 5 new people running the "don't miss out" ads wanting you to change providers and I even got one phone call. I told the guy I was not switching companies and I hung up. The way they do this is actually shameful.
It is a Thing now, i have seen ads from several insurers on TV...enjoy!
It could just be an incentive to stay with Aetna. There's a lot of competition out there. However, be very careful and read all the fine print.
I'm sure it's an incentive. No question. But suspicious? No way. This is a card like going to Walmart and buying a gift card and load it with $300. At $1,200 a year extra I still would not owe any money and I pay no end of year taxes. What I have paid during the year comes back to me. Since i am still working I also keep my 2 main credit cards active just enough to maintain a very high score.