As the Chairman of the Senate Special Committee on Aging, Senator Collins’ priorities include retirement security, highlighting the importance of biomedical research on diseases like Alzheimer’s and diabetes, and scams targeting seniors. 

As the Senate Co-Chair of the Congressional Alzheimer’s Task Force, the Senator is particularly committed to putting an end to Alzheimer’s disease, which has had such a devastating effect on 5.2 million Americans and their families.

To visit the Senate Special Committee on Aging’s website, click here.

Senators Collins, Cantwell Introduce Bipartisan Legislation to Preserve Home Health Care for Rural Seniors

Washington, D.C. — U.S. Senators Susan Collins (R-ME) and Maria Cantwell (D-WA) introduced bipartisan legislation that will help ensure that home health care remains an option for seniors in rural communities. The Preserve Access to Medicare Rural Home Health Services Act would ensure that home health agencies serving patients in rural areas continue to receive additional payments to help compensate for the higher costs that they face. 

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AARP Endorses Senior$afe Act of 2017

Nation’s largest senior group says “this legislation protects individuals at financial institutions who disclose suspected financial exploitation of senior citizens to appropriate agencies, and requires the financial institution to provide training on identifying and handling of potential exploitation.”

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Senator Collins Warns Of Persistent Grandparent Scam

Washington, D.C. — U.S. Senator Susan Collins, Chairman of the Senate Aging Committee, is warning of an increasing number of calls to the committee’s Fraud Hotline reporting of a persistent phone scam that targets grandparents.

Through this so-called “Grandparent Scam,” of which there are multiple variations, scammers typically call an older adult pretending to be a family member, often a grandchild. The con artist claims to be in urgent need of money to cover medical care or a legal problem, such as for bail or legal services following a supposed arrest.

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Senators Collins, McCaskill Introduce the Senior $afe Act of 2017

Washington, D.C. — Senators Susan Collins and Claire McCaskill, the Chairman and former Ranking Member of the Senate Aging Committee, today introduced the bipartisan “Senior$afe Act of 2017.” This bipartisan legislation would put in place a commonsense plan to help protect American seniors from financial exploitation and fraud by providing support to regulators, financial institutions, and legal organizations to educate their employees about how to identify and prevent financial exploitation of older Americans.

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Aging Committee Chair Collins and Ranking Member Casey Applaud FTC and Justice Department Announcement of Settlement with Western Union on Consumer Fraud Charges

Washington, D.C. — Today, U.S. Senators Susan Collins and Bob Casey, Chairman and Ranking Member of the Senate Aging Committee, applauded the Federal Trade Commission and the United States Department of Justice’s announcement of a settlement with Western Union in which the company admits to criminal anti-money laundering violations that have negatively and disproportionately affected aging Americans. 

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Sens. Collins, Klobuchar Introduce Bipartisan Legislation to Crack Down on Fraud Targeted at Seniors

Washington, D.C. — U.S. Senators Susan Collins (R-ME) and Amy Klobuchar (D-MN) today introduced bipartisan legislation to crack down on fraud targeted at seniors. Schemes targeting seniors include fraudulent investment plans, prizes, and sweepstakes, internet fraud, charity scams, predatory home lenders, telemarketing and mail fraud, accessing assets through undue influence, using fraudulent legal documents, and Ponzi schemes.

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Senator Collins Warns of Emerging Text Messaging Scam

Washington, D.C. — U.S. Senator Susan Collins, the Chairman of the Senate Aging Committee, is warning seniors of a new phishing scam. Through this scam, of which there are multiple variations, con artists send a text message that appears to have been sent from a well-known financial institution – such as a bank or a mortgage company – alerting potential victims of “suspicious activity” on their accounts and directing them to contact the bank.

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Senators Collins and King Applaud SEC Decision to Delay Proposal Requiring Investors to Opt In to Receive Financial Information in Paper Form

Washington, D.C. — U.S. Senators Susan Collins and Angus King released the following statement today on the recent announcement that the Securities and Exchange Commission (SEC) has decided to not pursue a proposed rule at this time that would have required individuals to opt in to receive mutual fund information in paper form. Senators Collins and King have strongly advocated to keep paper as the default delivery method for financial disclosures. 

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Collins, McCaskill Request Additional Information on Wells Fargo’s Illegal Practices

Washington, D.C. — U.S. Senators Susan Collins and Claire McCaskill, who together lead the Senate Aging Committee, today requested additional information from the government concerning the recently announced settlement with Wells Fargo, and whether it disproportionately affected America’s seniors. The Consumer Financial Protection Bureau (CFPB) recently determined that Wells Fargo employees had illegally opened millions of accounts that consumers had never requested in order to boost individual performance goals and bonuses. 

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Fighting to Protect Seniors’ Access to Their Online Social Security Accounts

A few weeks ago, Westbrook resident Cathy Wiles called my Portland Constituent Service Center to alert me to a new Social Security Administration (SSA) policy that could have prevented seniors from accessing their online “my Social Security” accounts.  The change, which was scheduled to take effect on August 1st, would have made text messaging the only means of verifying individuals’ identities and guaranteeing access to their accounts online.

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Senators Collins, McCaskill Request Urgent Briefing & Information on Mylan’s Decision-Making Process to Raise the Price of EpiPen® by 480%

WASHINGTON, D.C.— In response to the skyrocketing price of EpiPen® and news reports that this price increase is limiting patient access to this life saving anecdote for allergic reactions, U.S. Senators Susan Collins and Claire McCaskill, the Chairman and Ranking Member of the Senate Aging Committee, sent a letter to Heather Bresch, the CEO of Mylan, to request answers and information about the company's drastic price increase of EpiPen® by 480% since 2008.

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Senator Collins and Rep. Poliquin Urge Congress to Pass the Senior $afe Act, Legislation That Will Help Prevent Financial Fraud Targeting Seniors

BANGOR, Maine – U.S. Senator Susan Collins and Congressman Bruce Poliquin spoke in Bangor today about the Senior $afe Act, legislation authored by Senator Collins that would implement innovative financial protections for seniors in Maine and across the country.  Representative Poliquin introduced a companion bill in the House. The event, held at Bangor Savings Bank G.

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Following Collins, McCaskill Effort, Seniors Will No Longer Need Cell Phones to Access Social Security Accounts Online

WASHINGTON – Following efforts from U.S. Senators Susan Collins and Claire McCaskill, the Chairman and Ranking Member of the Senate Aging Committee, seniors will once again be able to access their Social Security accounts online without needing to have a cell phone. Senators Collins and McCaskill sent a letter to the Social Security Administration (SSA) last week urging immediate action to roll back a new policy that required text message authentication for seniors to access their “my Social Security” account online.

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Senators Applaud Medicare Proposal to Implement HOPE for Alzheimer’s Act

WASHINGTON, D.C. – U.S. Senators Susan Collins (R-ME), Debbie Stabenow (D-MI), Edward J. Markey (D-MA), and Shelley Moore Capito (R-WV) today announced that the Centers for Medicare & Medicaid Services has proposed covering new care planning sessions under Medicare for Alzheimer’s patients and their families to provide an early assessment of the disease and possible treatment options. 

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A Troubling New Tactic in the IRS Impersonation Scam

For most Americans, tax season ends on April 15.  For the con artists operating the pernicious IRS impersonation scam, cheating honest taxpayers is a year-round job.

In this scam, fraudsters telephone victims, impersonate an IRS agent, and demand payment for allegedly unpaid taxes. The callers frequently threaten victims with arrest, foreclosure, or other adverse legal action.  Scammers often instruct their victims to pay using a money wire or prepaid debit card. 

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