Watch Out for Medicare Scams This December

With Medicare Open Enrollment in full swing until January 1, 2025, scammers ramp up their efforts to take advantage of seniors reviewing their healthcare coverage. While this period allows Medicare recipients to assess and modify their plans, it’s also a prime time for fraudsters to exploit confusion and fear.

Medicare Open Enrollment allows individuals to switch from original Medicare to Medicare Advantage, change Advantage plans, join or adjust prescription drug plans, or make other coverage adjustments. However, it’s crucial to weigh the pros and cons before making any decisions. Not every change is beneficial; some may disrupt other aspects of your healthcare coverage.

Common Scams to Watch For

Fraudsters use various schemes to obtain Medicare numbers, Social Security numbers, and other personal details. Here are a few tactics to be aware of:

1. Fake Coverage Cancellations
Scammers often claim that your Medicare coverage has been canceled or that you will lose your insurance. They may demand immediate action and personal information to “fix” the issue. Remember, Medicare will never contact you by phone for such matters—they’ll reach out via mail if necessary.

2. “Cheaper Plan” Offers
Some fraudsters promise significantly cheaper Medicare Advantage or drug coverage plans. While it’s true that other plans might have lower premiums, legitimate Medicare agents are prohibited from cold-calling potential customers. Do not share any information if you receive an unsolicited call offering better rates.

3. Fake New Medicare Cards
A common scam involves claims that your current Medicare card is outdated or you need a new card with a chip. The caller may ask for personal details to verify your identity. Medicare will never make such requests by phone.

Protect Yourself

• Don’t Trust Unsolicited Calls: If someone calls you about Medicare changes or concerns, contact Medicare directly at 1-800-MEDICARE (1-800-633-4227).
• Guard Your Personal Information: Never give out your Medicare number, Social Security number, or any other sensitive details over the phone unless you initiate the call.
• Report Suspicious Activity: If you believe someone is attempting to scam you, report it to Medicare and the Federal Trade Commission (FTC).

Stay alert and informed, and protect yourself and your healthcare coverage from scammers this holiday season. Always evaluate your options and seek trusted advice before making any changes.