by Paul Scott

Scams related to Medicare this year include low-cost or free knee or back braces, or great deals for genetic testing. This year, scammers may demand that you send a gift card or wire money in exchange for not suspending your benefits.


Just Hang Up.

Medicare will almost never call you, unless you have called them first. Neither will the IRS.

If you get a phone call seeking your personal information like your Medicare number, Social Security number or bank account information, just hang up, especially if they get demanding or they call back repeatedly.

Of the 332,000 reports to the FTC (Federal Trade Commission) this year citing government imposters, those involving Medicare or HHS (Health and Human Services) rank second behind scammers pretending to be the IRS (Internal Revenue Service).

Phone scammers have gotten very sophisticated. Even if the call looks like it’s from an official phone number, don’t fall for it.

And keep in mind that even though most scams are via phone call, do not click links in emails or respond to direct mail sent to your home either.


Call Eric Scott Financial For Help With Medicare Policies.

If you are curious about Medicare offers, check with Eric Scott Financial. We provide a whole host of services to our clients when it comes to Medicare.

We can help you compare policies, premiums and coverage to help ensure you have the best plan. If there are actually new deals available, we will let you know about them.


Medicare Open Enrollment Ends December 7

During the regular open enrollment from October 15 to December 7, you can:

  • Switch from original Medicare to a Medicare Advantage plan.
  • Switch from a Medicare Advantage plan to original Medicare.
  • Switch from one Medicare Advantage plan to another.
  • Drop, add, or switch Part D drug plans.


Medicare Advantage Open Enrollment from January 1 to March 31

During this period, you can:

  • Switch from a Medicare Advantage plan to original Medicare.
  • Switch from one Medicare Advantage plan to another.

However, during this Medicare Advantage open enrollment period, you’re not allowed to go from original Medicare to a Medicare Advantage plan.


It Can Pay to Compare.

Most Medicare participants never review or make changes to their initial choices for coverage. That isn’t always your best move, especially if your health status changes or your premiums go up.

For instance, if you didn’t use any prescription drugs initially when you signed up, then you might have opted either not to enroll in a Part D plan or chosen one that comes at no monthly premium cost to you.

However, if your health changes and you suddenly need prescription drugs, then you might save money overall by choosing a Part D plan that includes coverage for those particular drugs. Even if the monthly premium on a new plan is higher, your total costs could drop if the new plan includes lower deductibles and copays on the drugs you need.

Similarly, there are different Medicare Advantage plans available offering various coverage options which may suit you better now, or cost you less overall.


Your Life. On Course.

Our focus at Eric Scott Financial is on helping you retire safely. And for our firm, that includes helping you navigate the complex Medicare landscape. We are here for you!


Call us at 435.773.9444.



Ask us for a free copy of our Medicare whitepaper!