Warning About the Medicare Prescription Plan Scams.by Anna Glendenning | More from this Blogger 04 Apr 2006 08:59 PM
According to CMS, "This scheme is called the '$299 Ring.' This is 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)." Medicare has received complaints from people in several states against a variety different companies, but the authorities feel the companies are the same and are based outside of the United States. It's important for seniors and the disabled to understand that None of the Medicare drug plans ask for bank account or other personal information over the telephone. Seniors and disabled people should contact their local police department if they are contacted by someone trying to take money or information from them in order to enroll in a Medicaid Prescription drug plan. Seniors and disabled people with Medicare should be aware of anyone trying to take advantage of them in person or on the telephone. It's important to help the seniors and disabled people we know, take steps to protect themselves by reminding them:
Legitimate Medicare drug plans don't ask for payment over the phone or Internet. Medicare monthly premiums are billed to the senior or disabled person and several payments options can be chosen including writing a check, automatic payments from checking accounts, or set up as an automatic withdrawal from their monthly Social Security check. Photo credit for this blog entry: Glossary of Insurance Terms: A | B | C | D | E | F | G | H | I | J-K | L | M | N | O | P | Q-R | S | T | U-V | W-Z Families.com Blogs are for informational purposes only. Families.com assumes no responsibility for consumer choices. Consumers are reminded that it is their responsibility to research their choices properly and speak to a certified insurance professional prior to making any decision as important as an insurance purchase. Learn more about Anna Glendenning ![]() Anna Glendenning is a mother of four. Two biological children grown and out of college, and two siblings and adopted together in 2003. Anna's Personal Website http://www.adoptiveparentsnetwork. Relevantinsurance tags health | Travel | insurance | home business | home | teenagers | quotes | money | prescription | Tips User Comments No comments on this article yet. Be the first to comment! Community Tags medicare, prescription, scam Discuss this article
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