The Medicare open enrollment period ends December 7th and many scammers are trying take advantage of senior citizens. Thankfully, USA Today has noted popular scams to watch out for! Be sure to keep these tips in mind when changing your Medicare coverage.
Many scammers will try to convince you that Medicare is issuing new Medicare cards during the open enrollment period. They will ask you for your Medicare number in order to keep receiving benefits. This is most likely a scam. Medicare numbers are usually the same as your social security number, making it easy for scammers to steal your identity. Be wary of any individual claiming to be from the Centers for Medicare and Medicaid Services if they inform you that Medicare is issuing new cards or asks for your Medicare number.
USA Today also warns that many scammers will try to convince recipients to sign up for coverage through the Affordable Care Act (ACA) or to add additional Medigap policies. ACA only applies to individuals who are not already covered by insurance. If you are covered under Medicare, you have no need for insurance under ACA. Medicare does offer additional Medigap policies but many scammers will try to pressure recipients into to purchasing illegitimate plans. For more information on Medicare and to avoid financial scams, be sure to visit their website.
Remember, if you are happy with your coverage you do not need to do anything during the open enrollment period.