Is "Web Authorized Pmt Bcbs Health" fraud?

Written by Caleb Martin

June 18th, 2024

Medium Risk

What is "Web Authorized Pmt Bcbs Health"?

Blue Cross Blue Shield (BCBS) Health is a federation of 35 separate United States health insurance organizations and companies. BCBS has been in business for over 90 years, having been established in 1929. The company provides a range of health insurance products, including individual and family plans, Medicare, and Medicaid services. BCBS also offers specialized health care plans for federal employees, as well as various types of supplemental health insurance products. BCBS services cover various health care needs, including routine check-ups, emergency care, mental health services, and prescription drug coverage.

Web Authorized Pmt: Transaction was authorized through an online platform or web service

Bcbs: Blue Cross Blue Shield, the recipient of the payment

Health: Indicates that the payment is related to health services or insurance

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.