If I give my social security number, can a merchant see what I have in my bank accounts?

Your health insurance application probably included consent to pull your credit records, bank records, employment records, maybe even a background check. You apply for this type of insurance, you’d better believe that they are going to be looking for bank and other financial accounts, credit records, and any sort of assets. If you’ve had a car loan in recent years, they want to know where the car is.

So many people try to get govt benes they do not qualify for. They just want freebies and think they can pull a fast one. If you are talking about state medicaid, they can check every bank in your state, and more. And they haul a lot of people off on fraud charges, though more often, you have to repay everything, plus interest and penalties. Make sure you really do qualify. They check carefully, including after you are accepted into a program.

There is no reason to give a health insurance company any bank account information. It really is none of their business. This sounds like a scam

But to answer your question, they will need to knew you bank name and account numbers to get a bank account balance.

THIS IS A SCAM

Find another health insurance company.