GNYADA January 2019 Newsletter

Shopping for Medicare

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3) Utilities Scam If your dealership receives a call from the electric, water, or gas company threatening to shut off service without immediate payment, it is probably a scam. Usually these callers will demand payment by wire transfer or gift card – a definite red flag. 4) Online sales scam The FTC has been alerted about a new scam targeting people selling cars online. A customer will insist on seeing a car history report from a specific website first. These sites – which end in the uncommon domain “.vin” – require entering information and paying $20 for the report. If anyone asks for a car history report from a specific site and it’s one you’ve never heard of, ask why! referred to as a Medicare Advantage Plan. It combines both Part A and Part B and normally Part D. There are premiums and co-pays associated with these plans. Part D is prescription drug coverage. Medigap plans and Medicare supple- mental insurance are very popular; these are issued by insurance compa- nies to help cover some of the costs not covered by Medicare. There is a cost associated with this insurance. If you would like to discuss Medicare in more detail, please con- tact Michael W. Conway, Executive Director of the GNYADA Insurance Brokerage (718.746.8100 or mconway@gnyada.com ). n

16 1) Companies Falsely Claiming OSHA Manual is a Mandatory GNYADA members have received manuals titled 2018 OSHA Homeland Security Journal for Auto Service Department or New OSHA KIT General Industry Regulations accompanied by invoices of nearly $300 from PV Business Solutions or Federal Safety Compliance Center, Inc. Some dealerships have even received follow-up calls from some- one claiming to be from GNYADA saying that the manual is a mandatory purchase. If your dealership receives this manual, please know it is not a GNYADA product and there is no obligation to purchase it. Always call GNYADA if you have questions. If you have dealership employees who are 65 or over, you should make sure that they are aware of their options. Coverage offered through Medicare may be better for the employee, and cheaper for the dealer, making this a win-win! It is estimated that there are 75 mil- lion baby boomers and approximate- ly 3 million will hit retirement age (65) every year for the next 20 years. After reaching retirement age, indi- viduals who are still working can opt to stay on their dealer-sponsored health insurance or apply for Medicare Coverage. Anyone who meets the below criteria is eligible for Medicare: You are a US Citizen or perma- nent legal resident n

2) Fake ID revealed at titling DMV-Direct received an alert that an individual purchased a vehicle in Westchester and attempted to have the dealer register and title it in Connecticut using a fraudulent CT license. Your staff should confirm that the identifying information on a customer’s license matches the person in front of them and ask them the year they were born. Your dealership may also use an ID verification processor to ensure the name matches the license number and that the licensing state is visible under the processor’s UV light. Also, ensure the license itself appears illegitimate – photo size, watermarks, colors, spacing, and alignment should all be checked. You or your spouse have worked long enough to be eligible for Social Security You have end stage renal disease; You have been entitled to Social Security disability benefits for at least 24 months You have amyotrophic lateral sclerosis (Lou Gehrig’s Disease) Part A covers hospital stays, skilled nursing care, home health care and hospice care. Most people don’t pay for Part A. Part B covers doctors’ services, outpatient medical and surgical services, diagnostic tests, and outpatient care. You do have to pay for Part B coverage. Part C is a plan that is offered by insurance companies. It is n n n There are four Parts to Medicare: n n n n

Avoid Fraud Schemes HERE ARE FOUR NEW SCAMS

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Greater New York Automobile Dealers Association • www.gnyada.com

The Newsletter • January 2019