Kats Consultants Medicare Beneficiary Card Part 1
Female Speaker: Welcome to your weekly video tip with Kats Consultants.
Mike: Hi everybody, Mike Perusich and David Kats here. We've got a video tip for you this week. On April 1st 2018, there's going to be a slight change to Medicare. Medicare now is going to have a Medicare beneficiary ID card, that will be brand new. Now, why are they doing this? They are doing this to reduce the amount of fraud in the Medicare system. Every Medicare patient, every Medicare beneficiary, will be issued a brand new ID number. David, you want to tell them a little bit about that?
David: Yes, the reason they're doing this, as he said, was because of the fraud and you remember the Medicare patients have their social security number on their Medicare card. There were too much fraud on the social security. They're putting out a new 11 digit number, it's actually alphanumeric. They'll be both capital letters and numbers and they'll just get a new card. It starts in April of 2018 so right now it's just...