Medicare Identity Theft Prevention Act of 2008 - Directs the Secretary of Health and Human Services to establish cost-effective procedures to ensure that Social Security account numbers are not included on Medicare cards.
Requires the Secretary, acting through the Administrator of the Centers for Medicare & Medicaid Services, to report to Congress after one year on the implementation of this Act, including line-item estimates of and justifications for associated costs, taking into consideration, among other factors, cost-effectiveness and beneficiary outreach and education.