An OTC card stands for Over-the-Counter card and is a perk offered as part of specific Medicare Advantage plans. It enables beneficiaries to purchase specific over-the-counter items at participating establishments. The OTC card is loaded with the quarterly OTC amount at the beginning of each quarter, and eligible beneficiaries can access up to $70 every three months for the purchase of a wide range of over-the-counter (OTC) items. The card can be used to purchase non-prescription drugs, health-related items, fitness equipment and activity trackers, healthy foods, and home utilities. Before using the card for the first time, its essential to call the number indicated on the card to activate it. Any unused balances from the quarterly allowances will carry forward to the subsequent quarters, but you must utilize the remaining balance before the end of the year, so by December 31, 2023. If your expenses exceed the quarterly allowance amount, you can cover the difference using your personal credit or debit card. The OTC card is exclusively meant for eligible OTC items, and for prescription payments, a different card should be used.