Insurance Fraud WarningThe Colorado Division of Insurance is warning about a new
insurance scam.
A few states have reported that insurance agents are calling older adults and telling them
that they want to go over the Medicare and You 2001 handbook with them. Since the
consumers think the agents are from Medicare, they make an appointment. But when the
agents arrive, they try to sell the person long term care insurance policies. This
marketing tactic is illegal since insurance agents must disclose their purpose when they
contact a consumer. They cannot give the consumer a false reason when they call and then
try to sell insurance. It is perfectly legal, however, to phone or call on a consumer and
present yourself as selling insurance. Those reporting this illegal activity said that the
agents can be “quite pushy” once they enter a home.
To report illegal insurance activity, contact the Colorado Division of Insurance, 1560
Broadway, Suite 850, Denver, 80202. Phone 303-894-7552 or fax 303-894-7455.
Senior Resource Guidebook
Revised Edition 2001, will feature a comprehensive listing of government programs,
checklists of services, examples of documents including Living Wills, a document locator
and a complete listing of Front Range facilities and agencies with telephone numbers and
addresses.
Order your single copy for $5.
Benefits for Seniors: A Sourcebook for Practitioners
Provides information about government benefit programs for seniors. The book, which is
updated annually, includes eligibility and application procedures for 35 programs. The
single copy price is $35, and may be ordered on line,
or by calling 303.333.3482
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