The Truth About Avoiding Scams

Chapter 35. Medicare

Medicare, the national health insurance program for people over the age of 65, is an attractive area for scams. Like most medical insurance programs, it’s complicated, and this always feeds into the hands of scammers. In addition, many older Americans are more trusting than many younger people, which also makes them attractive targets. Finally, Medicare is an insurance program that involves the deep pockets of both insurance companies and the U.S. Treasury, which makes the stakes high for scammers looking for a lucrative target.

Medicare prescription drug scam

The recently enacted Medicare prescription drug program is helping millions of American seniors pay for their prescription drugs. But it’s confusing. As always, scammers ...