Markets Wired

In a new blog post, the Federal Trade Commission is warning consumers about a new scam targeting Medicare recipients with offers of “free” or “low cost” back and knee braces.

The post outlines the details, revealing that scammers are using advertising, telemarketing, and direct mail to pitch consumers offers of back and knee braces that are covered by Medicare. Once the consumer hands over their Medicare information, however, the scammers file fraudulent claims in the consumer’s name.

These fraudulent claims can lead to consumers’ Medicare medical benefits being drained, making it harder for them to get a real back or knee brace if one is prescribed by their physician, according to the post. Consumers should be aware that Medicare never calls consumers directly offering “free” or “low cost” medical devices, and should never give their Medicare information out over the telephone to someone who calls asking for it.

Consumers who are targeted by this scam are encouraged to let the FTC know at https://www.ftc.gov/complaint or by calling 1-877-FTC-HELP (382-4357).

The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on Facebook, follow us on Twitter, read our blogs, and subscribe to press releases for the latest FTC news and resources.