CMS is warning people against scams regarding the Medicare prescription 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 nonexistent prescription drug plan. Consumers can report these cases to their local law enforcement agencies or call 1-877-7SAFERX (1-877-772-3379).
Beware of those asking for personal information,
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.
So take precautions,
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.