Insurance Verification Specialist
3 weeks ago
At Northwest 31st Bldg, we are seeking a highly skilled Insurance Verification Specialist to join our team. As an Insurance Verification Specialist, you will play a critical role in ensuring that our patients receive the necessary insurance coverage for their medical treatments.
Responsibilities:- Verify insurance coverage and secure authorization for patients.
- Contact insurance companies and/or medical review departments to obtain necessary information.
- Verify coverage eligibility and obtain benefit information, deductible, co-pays, co-insurance, out-of-pocket maximums, and accumulators.
- Initiate and validate authorization, notification, and ensure authorizations, pre-certifications, and referrals are secured.
- Review detailed clinical information of trauma admissions to determine accident-related liability.
- Follow the same verification procedure for each payor, as most payors require the authorization/pre-certification process even as second or third insurance coverage on a patient.
- Calculate hospital cost estimates based on plan benefit accumulators and CPT code(s) for hospital services.
- Identify any cost discrepancies based on coding and/or Payor contract and work with Analyst and vendors to resolve issues.
- Re-verify eligibility and ensure authorization of days extended for large dollar in-house accounts.
- Provide customer service regarding insurance information and educate providers and departments regarding authorization protocols and plan benefits.
- Communicate daily with Physicians' offices, patients, Surgery Scheduling, Customer Service, Financial Counselors, Clinical Resource Counselor/Utilization Review, Managed Care offices, Managed Care onsite RNs, Insurance Companies, LH System Office of Managed Care Contracts, and various other hospital departments such as Patient Access, Imaging, and Rehab.
- Fax daily admission and discharge reports to designated insurance companies.
- Refer non-insured or underinsured patients to the Financial Counselor to determine patient liability, Medicaid eligibility, or financial assistance.
- Associate's degree in business or healthcare, or equivalent experience, required.
- Two years of directly applicable healthcare business office experience (billing/credit/collection) or applicable insurance customer service experience required.
- Demonstrated knowledge of insurance guidelines, including benefits and authorization protocols.
- Hospital insurance verification experience preferred.
We offer a competitive salary range of USD $20.42 - USD $29.21 /Hr. and a dynamic work environment that values teamwork and professional growth. If you are a motivated and detail-oriented individual with a passion for healthcare, we encourage you to apply for this exciting opportunity.
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