Scam calls can range from simple phishing attempts to sophisticated schemes where scammers impersonate legitimate organizations. Falling victim to these calls can lead to financial loss, data theft, and even compromised personal security. Learning how to check if a number is a scam can save you fr...
Trick the individual into making a payment The primary goal of scammers is to con you out of money. Scammers impersonate banks, insurance companies, telecom companies, or government entities and trick you into making payments. For example, they can pretend to be a pension provider and tell yo...
Medicare is a government-funded health insurance, which scammers also take advantage of by slipping fraudulent claims (otherwise called as the Obamacare Fraud). Fake claims could go undetected because Medicare is difficult to navigate, thus making it a high-risk fraud program....
Health insurance scam is common among seniors. Criminals contact them with false healthcare services to collect their personal information and money. They could text or call you, claiming to be part of a government healthcare initiative for seniors. If they don’t ask you to sign up with a ...
Medicare scam calls occur when criminals call you pretending to be from Medicare or a legitimate healthcare insurance provider. They’ll often use phone spoofing technology to manipulate your Caller ID into displaying that they’re calling from Medicare, a health or life insurance provider, or a ...
Health insuranceis a little different, since the policyholder can’t drop their spouse or kids until the divorce is final. But it may be easier to go ahead and get your own insurance. The key is to learnhow to compare health plansso you can get the right one for you. ...
There are two types ofCOVID-19-related scams. The first is when folks obtain financial and insurance information from individuals in exchange for (what should be free) tests and vaccinations. The other involves scammers capitalizing on the increase in online shopping, stealing money or banking in...
Typically, a scammer will deceive senior citizens with false promises of goods or services. Once they gain their trust, scam artists go after financial details, health insurance, or even physical possessions.Scammers target senior citizens for several reasons, including: ...
1. "Why health insurance is important", Healthcare.gov, US Department of Health & Human Services. 2. "How Does Medical Debt Affect Your Credit Score?" Karen Axelton, Experian, March 31, 2023. 3. "How to tell the difference between a legitimate debt collector and scammers," Courtney...
This is not some kind of scam. In fact, if you die during the waiting period, the insurance company will repay (to your beneficiaries) all your insurance premiums plus interest, usually at a rate of 10%.1 Your beneficiaries will still get something; it will just be less than you’d li...