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Watch out for Medicare Part D scams

Posted on Mar 7, 2006 by Tom Fragala

From Senior Journal:

If senior citizens don't have enough problems sorting out the Medicare prescription drug program, now they have to be alert to the possibility of being scammed by crooks that offer to help them enroll in the new Medicare Part D, but are really after money and checking account information.

The Centers for Medicare & Medicaid Services (CMS) warns seniors and people with disabilities to be aware of a scheme that asks Medicare beneficiaries for money and checking account information to help them enroll in a Medicare Prescription Drug Plan.

This scheme is called the “$299 Ring” for the typical amount of money Medicare beneficiaries are talked into withdrawing from their checking accounts to pay for a non-existent prescription drug plan.  Consumers can report these cases to their local law enforcement agencies or 1-877-7SAFERX (1-877-772-3379).

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Filed under: Scams

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