Most Americans still know little about the new PP&AC Act laws that have taken effect and of those that will over the next couple of years. Senior citizens are the most confused and concerned segment of the population, as the changes will greatly impact the health care system they depend on for their well-being. This confusion and concern creates opportunities for devious individuals who will do their best to take advantage of senior citizens through the country.
Immediately after the PP&AC Act was signed into law by President Obama, many new scams started to appear. According to several news sources, there are people going around posing as door-to-door salespeople selling “Obamacare” insurance policies to seniors. Additionally, a cable television advertisement aired recently that stated viewers could call an 800 number to take advantage of a limited enrollment period to get “special” coverage. What the advertisement doesn’t state is that this “special” coverage offers coverage that is now entitled to citizens under the PP&AC Act.
Scam artists looking to take advantage of vulnerable citizens see great opportunity for their trade these days, as the combination of the worst economy in decades along with great fear and confusion about a big change in our nation’s law fosters an environment that makes what they do so easy. Senior insurance agents are the first and last line of defense for senior citizens against such attacks, so we encourage agents to keep informed of such scams and tricks and educate their clients to not accept any offers regarding their health care without consulting a trusted professional. Agents should look out for the following areas of the PP&AC Act that have a high likelihood of being exploited:
The creation of Plan B - federal and state governments have 90 days to create this program, but scammers may likely start selling policies for this Plan B though it won’t exist for quite awhile.
The creation of Plan B - federal and state governments have 90 days to create this program, but scammers may likely start selling policies for this Plan B though it won’t exist for quite awhile.
The $250 prescription drug rebate for Part D - scammers may offer expedited payment for a price.
As the government continues to release new information regarding health care reform laws, more exploits may appears, so agents should keep abreast of the latest news. To verify the legitimacy of any offers received by your clients regarding their health insurance, call your state department of insurance and check to see if the organization that made the offer is licensed to do business in your state. If you happen to identify a scam, inform local authorities and your state’s department of insurance. Also be sure to spread the word to the insurance community so they can be made aware of the scam as soon as possible. Stay vigilant my friends.
Want to find out more about medicare supplements? Then visit Alex Stone’s site on how to choose the best medicare supplement for your needs.
Tags: cheap health insurance, health, medicare, medicare supplement, medicare supplements