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Senior Journal: Today's News and Information for Senior Citizens & Baby Boomers

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Senior Alert

Seniors Alerted to Scam Offering to Help Enroll in Medicare Part D

CMS warns of new '$299 Ring' using phone to get bank information

March 7, 2006 – 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.

 

Related Stories

 
 

Confusion Continues in Medicare Drug Program with Some Seniors in Two Plans

March 1, 2006 – Confusion continues to reign in the Medicare Prescription Drug Program as failures by government administrators have some senior citizens enrolled in two plans and in other cases insurers paying benefits to senior not covered by their plan. The New York Times report of these problems and reactions are covered by the KaiserNet.org Daily Report on Medicare news. Read more...

Bush Tells Seniors Drug Plan Choice is 'Daunting Task'

Dec. 13, 2005 – President Bush spoke briefly to senior citizens at a retirement community outside Washington and admitted the Medicare prescription drug plan choice is a "daunting task," but encouraged seniors to get help if they need it to make their decision. Read more...

Peoples Benefit is First Charged With Deceiving Seniors on Medicare Drug Plan

Pennsylvania attorney general hits ads that imply government endorsement

Nov. 2, 2005 - Attorney General Tom Corbett today filed a civil lawsuit and a special injunction against Pennsylvania-based Peoples Benefit Services Inc., accusing the company of deceiving thousands of mostly older consumers by falsely implying that its discount drug cards and other products are government-endorsed... Read more...

Read more on Medicare Drug Program or Senior Alerts

 

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. 

Seniors are particularly susceptible to the offer of help, due to the complicated program and many choices.

Consumers can report these cases to their local law enforcement agencies or 1-877-7SAFERX (1-877-772-3379).

Medicare has received complaints from Indiana, Michigan, Pennsylvania, Massachusetts New Jersey and Georgia.

Complaints have been made against a number of different companies, but authorities believe that the companies are the same and are typically based outside the U. S.  As soon as CMS receives these complaints, they are investigated and referred to federal law enforcement authorities.

No Medicare drug plan can ask a person with Medicare for bank account or other personal information over the telephone.  No beneficiary should ever provide that kind of information to a caller. 

They should contact their local police department if they believe someone is trying to take money or information from them illegally.

People with Medicare should also remember that they should be on the lookout for anyone trying to take advantage of them and take steps to protect themselves by remembering:

  ● No one can come into your home uninvited.
  ● No one can ask you for personal information during their marketing activities.
  ● Always keep all personal information, such as your Medicare number, safe, just as you would a credit card or a bank account number.
  ● Whenever you have a question or concern about any activity regarding Medicare, call 1-800-MEDICARE.

In addition, legitimate Medicare drug plans will not ask for payment over the telephone or the Internet. 

They must bill the beneficiary for the monthly premium. Typically, that amount is set up as an automatic withdrawal from the beneficiary’s monthly Social Security check.  Beneficiaries may also opt to pay the monthly premiums in other ways such as writing a check or setting up automatic payments from their checking accounts.

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