Is "BLUE CROSS/BLUE SHIELD O" fraud?

Written by Aiden Lee

June 18th, 2024

Medium Risk

What is "BLUE CROSS/BLUE SHIELD O"?

Blue Cross Blue Shield has been in business since 1929. The company provides various health insurance products. These products include individual and family health plans, employer-provided group health plans, Medicare plans, and Medicaid plans. Blue Cross Blue Shield also offers dental and vision insurance, as well as supplemental insurance options. The company operates through a federation of 34 independent and locally operated companies across the United States.

BLUE CROSS/BLUE SHIELD: Indicates the name of the entity or organization related to the transaction, which is Blue Cross Blue Shield, typically an insurance provider.

O: This could be an additional identifier or code provided by the organization, possibly denoting a specific type of transaction or office location related to the payment.(Note

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.