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6 Tips to Avoid Senior Scams

By Sharon O'Brien, About.com

4 of 6

Seniors: Look Out for Medicare Drug Discount Card Scams

Medicare drug discount cards are offered by a number of companies, and they can save you money. Unfortunately they are also popular with scam artists.

The best way to enroll for a Medicare-approved discount card--and avoid a senior scam--is by contacting Medicare directly for a list of approved companies. You can do this online or by calling 1-800-MEDICARE (1-800-633-4227).

Medicare drug discount cards cannot be sold by phone or through door-to-door sales. In addition, you should not need to provide proof of income, because Medicare can access your records from the IRS. If you are asked to provide proof of income, including bank accounts, you may be dealing with a fraudulent company.

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