What is Medicare Fraud?
Medicare fraud is any act in which an individual claims to be from Medicare and tries to gain access to your personal information. During Medicare’s open enrollment (October 15-December 7), Medicare fraud increases dramatically. We hear stories from clients who are solicited by people they do not know for banking details, Medicare ID numbers and other personal information.
RetireMEDiQ Clients and Their Experience with Medicare Fraud
Two RetireMEDiQ clients encountered Medicare fraud, but they knew what to do!
The couple received a phone call from a man claiming he was with Medicare. He said that some of the couple’s doctors would no longer see them unless they both had updated Medicare ID cards. The caller said he needed some information in order to process the new Medicare cards. He proceeded to list the retirees’ names, address, phone number, the name of their bank and even their bank’s routing number. All they had to provide was their bank account number.
The couple was suspicious, but after all, this gentleman had all of their information. They asked to speak with a “supervisor” who verified that everything the original caller said was true. However, when the couple asked for the organization’s phone number, the call was mysteriously disconnected.
The whole situation seemed a bit strange to our clients, so they called our team. After speaking to a member of our Client Services team, they confirmed their suspicions. The caller was not from Medicare and the couple had avoided becoming victims of Medicare fraud!
Prevent Medicare Fraud
The couple from our story knew what to do when they were faced with potential Medicare fraud. Please consider the tips below to help you avoid Medicare fraud as well.
- Keep your personal information to yourself. Medicare will never call you, so anyone on the phone who asks for your banking information, your Medicare ID number or tells you that they are from Medicare is probably a scam artist.
- Be careful about “free” offers. If someone calls you with a Medicare offer that sounds too good to be true, it probably is.
- Call RetireMEDiQ if you encounter suspicious activity. If you receive a call that you suspect may be attempted Medicare fraud, try to get the individual or organization’s information, hang up and call our Client Services team at 1-877-222-1942 for assistance.
If you are not a RetireMEDiQ client yet and have questions about retirement or Medicare, please contact us at 1-866-600-5638 or email@example.com to get started on your retirement journey.