The growing incidents of senior fraud is alarming. “You’ve been scammed” isn’t something anyone wants to hear, especially when it involves a senior who’s a loved-one. Financial advising, prescriptions, funeral planning, or a telephone call telling you you’ve just won a sweepstakes and all you need to do is verify information to claim your prize, are some of the common ways seniors are taken advantage of these days.
It is crucial that the older folks in our life know never to give out personal information unless they are certain in who they are dealing with. US Senator, Dean Heller, also recognizes the importance in senior fraud and safety and announced that new Medicare cards will help protect individual’s identities and reduce fraud in the Medicare system. Beginning in 2018 social security number will no longer be listed on Medicare cards. Identity theft is on the rise among seniors and the hopes in this new initiative is that it will better protect people from stolen social security numbers and fraud. Earlier this year, both the Centers for Medicare & Medicaid Services and the Medicare Access and CHIP Reauthorization decided to make this change moving forward.
Open enrollment for Medicare is October 15 through December 7th. For more information on the changes coming to Medicare benefits please go to www.cms.gov/medicare/ssnri or you can call 1-800-633-4227.
Click on the link below to see more common scams targeting seniors.