Medicare Scams Target Unsuspecting Elderly

According to the U.S. Department of Health and Human Services, each year Medicare loses about $60 billion to fraud and abuse. No wonder so many elderly Americans are being targeted by Medicare scams.ᅠ

One of the simplest scams is a caller offering free things, such as a blood-pressure monitor, but saying they need a Medicare number – which is no better than handing out a Social Security number.

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Another classic Medicare scams involve someone calling to “confirm” your Medicare information. Or an official-looking email directs you to click on a link that will allow you to update or correct your Medicare information.

Don’t do it! Medicare will NEVER call or email to request personal financial information. They only conduct business by mail.

Guard your Medicare number and Medicare Summary Notices like you would your social security number or credit card number. They are just as valuable to a scammer. Click here for tips on how to protect yourself, or an elderly parent from Medicare scams and fraud.