Key Takeaways:
- 1. Scammers target Medicare due to its large budget, leading to improper payments in 2024 amounting to $54 billion.
- 2. Scammers use tactics like setting up fake companies, stealing personal information, and fake phone calls to defraud beneficiaries.
- 3. To protect yourself, be aware of signs of scams, report any suspicious activity, and take proactive steps to safeguard your personal information.
Medicare is a prime target for scammers, with improper payments reaching $54 billion in 2024. Scams range from fake claims to stealing personal information, potentially risking financial loss and health issues. Scammers use tactics such as fake phone calls impersonating Medicare representatives to extort money or personal details. Recognizing warning signs, monitoring statements, and reducing online exposure can help individuals safeguard against Medicare scams.
Insight: Being vigilant against Medicare scams, understanding Medicare's procedures, and actively protecting personal information are crucial in preventing fraud and maintaining coverage.
This article was curated by memoment.jp from the feed source: Fox Scitech.
Read the full article here: https://www.foxnews.com/tech/stop-medicare-scams-before-stop-you
© All rights belong to the original publisher.
