Medicare Compliance Analyst

3 weeks ago


Chicago, United States Blue Cross Blue Shield companies Full time

Location Chicago

This position enacts, monitors, and operationalizes multiple components of the BCBSA Medicare Part D Compliance Program (MPDP) , as well as the FEP Medicare Prescription Drug Program.

Act as liaison with third party compliance help line vendor; investigate potential internal BCBSA compliance issues. Develop internal training programs to ensure compliance with regulatory requirements.

Support Medicare Compliance Officer by: maintaining current CMS policies; ensure various HHS contract requirements met, including the training/tracking of all new and current applicable employees and FEP BOM members; monitoring, investigation, and resolution of any member ethics complaints/allegations; completing all required internal/external reporting requirements; ensure monthly screening of employees, FEP BOM members, and applicable FDRs is completed and discrepancies resolved.

  • Gather relevant data and Key Performance Indicators for compliance reports and dashboards, and prepare reports based on established reporting metrics for the group.
  • Develop and update Standard Operating Policies and Procedures (SOP) for review processes and compliance. Educate stakeholders on these SOPs.
  • Conduct risk assessments and identify potential non-compliance vulnerabilities and make practical business recommendations to correct non-compliance or improve insufficient processes.

Education

Bachelors Degree

Compliance/legal, business operations preferred

Certifications

Certified Compliance & Ethics Professional Certification (CCEP) - Compliance Certification Board

Certified in Healthcare Compliance (CHC) - Compliance Certification Board

Leadership Professional in Ethics & Compliance (LPEC) - Ethics and Compliance Institute

Experience

Requires a minimum of five (2) to 4 years of relevant compliance experience in a healthcare or managed care environment.

Requires a minimum of three (2) years experience in the interpretation and application of federal and state regulations, policies and procedures, and ethical principles related to healthcare compliance.

Skills

  • Knowledge of the sources of legal and regulatory requirements relevant to state and federal requirements.
  • Knowledge of the Federal and State regulatory environment in the health insurance industry, with emphasis on CMS Medicare/Part D federal mandates,
  • Understanding of best practice internal ethics and compliance programs.
  • Excellent at organizing, managing, and handling competing projects with a proven ability to meet tight deadlines in a fast-paced environment.
  • Skilled at managing a high volume of work with changing priorities and frequent interruptions while maintaining the ability to work cooperatively with a positive attitude.
  • Written and oral communication.
  • Facilitation, active listening, and presentation skills.
  • Critical thinking skills and the ability to apply an analytical approach to regulatory research and issue remediation.
  • Persuasion/negotiation and interpersonal relationship skills and the ability to effectively interact and collaborate with individuals at all levels within the organization.
  • Problem solving acumen. Ability to identify potential noncompliance issues, obtain information to clarify and describe issue, exercise sound decision-making, resolve problems using appropriate risk treatment, and leverage appropriate escalation pathways.
  • High degree of discretion in dealing with the confidentiality of all compliance-related issues.

People Management

No

#Hybrid#



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