Key Takeaways
- Never share your Medicare ID number or Social Security number over the phone—legitimate parties will never request this information unsolicited
- Report suspected Medicare fraud immediately by calling 1-800-MEDICARE, which has a dedicated fraud reporting line
- If you're a Medicare Advantage policyholder, contact your carrier's fraud hotline to report suspicious activity and protect the Medicare system
- When you receive suspicious calls offering COVID-19 tests or medical services, consult a trusted advisor, attorney, or family member before sharing any personal information
- Be skeptical of unsolicited offers for medical services or tests, especially during times of uncertainty—scammers exploit people's health concerns to steal identifying information
Jae Oh, CFP discusses how to fight Covid 19 fraud.
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