Medicare OTC Benefit Changes for 2026: What's New This Year

News   2026-04-07 • 7 min read

2026 OTC Benefit Updates

Medicare Advantage plans adjust their OTC benefits annually. Here are the most important changes for the 2026 plan year that affect your allowance and shopping options.

Higher Allowances

Competition among MA plans has driven OTC allowances higher in 2026. The average quarterly allowance increased from $65 to $85 across major carriers. Some premium plans now offer $200+ per quarter.

Expanded Product Categories

Retail Network Changes

What Hasn't Changed

Action Item: Review your 2026 Evidence of Coverage document to see your specific plan's changes. Many members have higher allowances than they realize!

Check Your OTC Benefit

Find out how much your Medicare Advantage plan covers.

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