Retirement is a proud moment for senior adults, signifying a time to recognize and celebrate their lifetime of saving, hard work and dedication. Unfortunately, senior adults and those who have retired are often the common and unsuspecting targets of illegal fraud, scams and financial exploitation because they are thought to have a large nest egg, are usually at home, and are occasionally too polite to just say “no.”
At New Hampshire Home Care Assistance, we take this type of elder abuse seriously and never want our senior clients or their family members to fall victim to such lowly crimes. We want to provide education on common senior scams, enabling you to spot them and avoid them as best as possible. So what are the top senior scams?
- Health care, health insurance, and Medicare. Seniors are asked to exchange their insurance or Medicare information for medical equipment or testing that they don’t need and might not even receive. The criminal then bills your insurance provider or Medicare, usually by submitting fake signatures that you could end up paying for down the road.
Tips: Never sign blank claim forms or do business with door-to-door sales people.
- Funeral and cemetery fraud. One way scammers wreak havoc is when funeral homes attempt to add on burial or cremation expenses that aren’t needed. They often take advantage of seniors who are in an emotional state or who simply do not understand what is being asked of them at the time.
Tips: Do your research on the various costs of funeral services and know that a casket is not required for cremation.
- Telemarketing. This is perhaps the most popular way to take advantage of aging adults. The most common way to extort money is by claiming one of the senior’s family members is in trouble and that they need money to be wired over immediately. The second most common method is when a con artist poses as a charity around the time of a natural disaster claiming that the money will help the cause.
Tip: Do not send money or give personal banking information over the phone.
If you are concerned about the safety of an aging loved one, contact Home Care Assistance. Our skilled senior caregivers can take care of everything from screening phone calls and looking over health documents to reading the small print on mail-in offers and verifying the costs of purchases. We want to help keep your family safe, and provide exceptional care that helps you gain peace of mind.