Your Money: Beware of Affordable Care Act scams | The Augusta Chronicle

1
Oct

Your Money: Beware of Affordable Care Act scams | The Augusta Chronicle

Consumers across the U.S. are reporting phone calls that claim to be from the government about new health insurance cards required by the Affordable Care Act.

This is the latest twist on the Medicare scam that the Better Business Bureau has seen for years. Fraudsters are trying to take advantage of those who are uncertain or confused by Obamacare, and the BBB predicts the scams will increase now that the October implementation date has arrived.

The scammers’ tools are typical, play upon the consumer’s fear and confusion. Here’s how this scam works. You receive a call from someone claiming to be from the federal government. The caller informs you that you’ve been selected as part of the initial group of Americans to receive insurance cards through the new Affordable Care Act. However, before the caller can mail your card they need to verify personal information, such as your bank account and Social Security numbers.

It’s a scam! There is no card, and enrollment for the Health Insurance Marketplace hasn’t even started yet. The BBB urges consumers to ignore these pitches and use the following precautions when dealing with this type of scam:

Be cautious with your identity. Never give personal information to someone who has contacted you unsolicited, whether by phone, e-mail, social media or in person.

Hang up, don’t press any buttons and don’t call back. Returning the phone call may just give the con artist information he can use.

via Your Money: Beware of Affordable Care Act scams | The Augusta Chronicle.

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