InComm Healthcare highlighted closed-loop gift cards and restricted-spend products as options for Medicare reward programs in an update published on February 1, 2023. The article addressed health plans adjusting to CMS changes adopted in 2021 for the 2022 contract year.

InComm’s explanation distinguished branded gift cards from cash and cash-like rewards. It said the revised framework allowed many closed-loop brands, while excluding cash rewards and certain cards associated with major online and big-box retailers.

The provider presented its own restricted-spend cards as

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