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CMS warns of Medicare phone scam

Physician Practice Advisor, March 16, 2006

The Centers for Medicare & Medicaid Services (CMS) has issued a press release warning seniors about a new telephone scam in which a caller asks Medicare beneficiaries for money and checking account information to help them enroll in a prescription drug plan.

This scheme is called the "$299 Ring" for the typical amount of money Medicare beneficiaries are talked into withdrawing from their checking accounts to pay for the non-existent prescription drug plan. CMS has received complaints so far from Indiana, Michigan, Pennsylvania, Massachusetts, New Jersey, and Georgia.

CMS has established a toll-free telephone number-877/772-3379-that consumers can call if they encounter this scam.

Click here to read the CMS press release.