Don't Fall Victim To These Obamacare Scams

By Investopedia. May 7th 2016

Obamacare healthcare exchanges are now open to the public. The launch has sparked some criticism, with computer glitches and confusion regarding how to sign up.

Thieves are using this chaos to their advantage, and a trend of new scams have started, including the "imaginary" Obamacare card. The Better Business Bureau released a statement informing the public that they in fact, do not need an insurance card under the Affordable Care Act to buy coverage.

Scammers have been pitching this fake insurance card to people in order to obtain personal information, social security numbers, bank account numbers and more.

Insurance card scams are very common -- fraudsters contact people, trying to sell a "national insurance card," which does not exist. They ask victims for the same type of personal information.

Scams used to be limited to phone calls and snail mail but now it's taken to the Internet, where it's harder to police criminal activities. Anyone can create a website, so you have to be very careful what URL you trust. If a website is asking you for your money, make sure the web address starts with "HTTPS" -- that means it's a secure site.

Read more here at Investopedia.com.

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