Enjoying your golden years should be a fun, worry-free adventure. Unfortunately, as we age, we become more susceptible to certain types of fraud. Remaining educated about fraud and elder abuse can be a tremendous asset in your financial and everyday life.
There are several types of elder financial abuse, but identity theft is one of the most common types. However, another kind of identity theft you may be vulnerable to is medical identity theft, which is an especially serious type of elder financial abuse. In this case, the thief may steal personal and medical identification and then bill the victim’s Medicare or insurance for treatments or prescriptions.
Here are a few tips which can help you avoid medical identity theft:
At SAFE Credit Union, we are committed to protecting our community and providing the most up-to-date financial education and resources to help our members achieve financial wellness. If you feel you’ve been a victim of one of these thefts, please contact your local law enforcement office.
For more information or resources to protect against identity theft, call (877) IDTHEFT or visit www.ftc.gov/idtheft.
John Doe* is at risk of losing his home even though he lives in an Eskaton affordable housing apartment for low-income seniors. That’s because he cannot afford to pay a caregiver to help him for a few hours per month and is not eligible for assistance from the relevant state programs. If he is unable to continue to manage on his own, he will be forced to move to a nursing home, which is much more expensive than a few hours of in-home care. John will also lose his independence.
Now Eskaton Foundation is launching a Resident Care Fund to help low-income seniors like John! The Fund will cover the cost of non-medical in-home care for vulnerable Eskaton affordable housing residents who can no longer fully care for themselves but can continue to live independently.
Our goal is to raise $100,000 by early 2015. So far, Eskaton Foundation has secured $76,000 toward this goal. Once we raise the remaining $24,000, we can begin awarding caregiving grants to low-income seniors.
Be a hero! Help a low-income senior remain independent by making a donation today! Call Eskaton Foundation at 916-334-0810
You can also make an online gift by visiting our donation page. In the designation box, select “Resident Care Fund,” then fill-in your donation information.
* The resident’s name has been changed to preserve anonymity.