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$299 Ring Scam
General Information
Medicare Beneficiaries Urged to be on the Look-out for Phone Scams
The Centers for Medicare & Medicaid Services (CMS) warns seniors and people with disabilities to be aware of a scheme that asks Medicare beneficiaries for money and checking account information to help them enroll in a Medicare 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 a nonexistent prescription drug plan. Consumers can report these cases to their local law enforcement agencies or 1 -877-7SAFERX (1-877-772-3379).
Please find the CMS Consumer Alert for your external distribution to find our more information on this alert.
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