Is "CMS MEDICARE INSURANCE" fraud?
Written by Julian Sanchez
June 18th, 2024
Medium Risk
What is "CMS MEDICARE INSURANCE"?
CMS Medicare is an organization established and maintained in the United States. It operates under the Centers for Medicare & Medicaid Services (CMS), a federal agency that has been in existence since 1977. CMS Medicare provides a range of healthcare-related services primarily geared toward individuals aged 65 and older, as well as certain younger people with disabilities. The organization oversees different parts of Medicare, including Part A (Hospital Insurance), Part B (Medical Insurance), Part C (Medicare Advantage Plans), and Part D (Prescription Drug Coverage). Its offerings include hospital stays, skilled nursing facility care, hospice care, preventive services, outpatient care, and prescription drugs.
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.
