Medicare Part D Phone Scams

The federal government is warning Medicare Part D beneficiaries about a telephone scam in which they are being asked to supply checking account information. The scam is known as the “$299 Ring,” because that is the usual amount of money being forfeited to pay for a phony drug plan. The CMS warns that no legitimate Medicare Prescription Drug Plan can ask for bank account or other personal information over the phone. No one should be visiting their home uninvited, and no one should be asking for payment over the phone or via the Internet.
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