In an effort to deter identity theft, Medicare is mailing new cards that replace Social Security Numbers with a unique Medicare number. Unfortunately, even an effort to more effectively safeguard personal information can present an opportunity for identity thieves. If you are currently enrolled in Medicare or recently signed up, the following tips may help you protect yourself.
It’s Automatic at No Charge
The new Medicare cards are automatically mailed out free of charge to enrollees. If you receive a message asking you to pay for a new Medicare card, it’s not legitimate.
It’s Not Personal
Medicare will not call asking for your personal information or to “confirm” any personal information. If someone calls you, claiming to be Medicare representative and asks for your Social Security Number or bank account information, hang up, it’s an identity scam.
More information about Medicare Card scams can be found through the following link.
Source: Federal Trade Commission
Huber Financial Advisors, LLC is an investment advisor registered with the Securities and Exchange Commission. This material is for general educational purposes only and is not intended to provide investment or tax advice. Always consult your investment or tax professional for advice on your particular situation. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. This material is derived from sources believed to be reliable, but its accuracy and the opinions based thereon are not guaranteed. The opinions and comments expressed in this article may not accurately reflect those of Huber Financial. Investing involves risk including the possible loss of principal. Past performance does not guarantee future results.