Scammers are increasingly targeting older adults with offers of free in-home services like cooking, cleaning, and health care in exchange for your Medicare number. These fraudulent schemes aim to sign individuals up for unnecessary hospice care, allowing the scammer to bill Medicare for services that aren’t actually needed.

Hospice care is a specialized service for individuals with a terminal illness and is only available if a doctor certifies that the person has a life expectancy of six months or less. Fraudulent hospice enrollment could affect your Medicare coverage and lead to unwanted consequences.

Have questions about how these insights and ideas could impact your personalized wealth management strategy? Let’s talk.

This communication is for information and educational purposes only. This is not a recommendation for the sale or investment in any product or strategy or to be perceived as individual advice. Information presented has been prepared from sources believed to be reliable but is not guaranteed and does not represent all available data necessary for making investment or tax decisions. Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. Forecasts do not consider the specific investment objectives, restrictions, tax and financial situation or other needs of an individual. Actual data will vary and may not be reflected here. Accordingly, these forecasts should be viewed as merely representative of a broad range of possible outcomes. The opinion expressed by this individual is based on facts and circumstances known at this time, is subject to change and does not reflect the opinions of all financial professionals of XML. Financial professionals do not provide specific tax/legal advice and the information presented at this  should not be considered as such. You should always consult your tax/legal advisor regarding your own specific tax/legal situation.