Post job

Claim approver vs medical claims analyst

The differences between claim approvers and medical claims analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a claim approver and a medical claims analyst. Additionally, a medical claims analyst has an average salary of $46,708, which is higher than the $44,986 average annual salary of a claim approver.

The top three skills for a claim approver include process claims, medical terminology and disability claims. The most important skills for a medical claims analyst are medical terminology, medicaid, and medical insurance claims.

Claim approver vs medical claims analyst overview

Claim ApproverMedical Claims Analyst
Yearly salary$44,986$46,708
Hourly rate$21.63$22.46
Growth rate-6%-6%
Number of jobs2,91865,897
Job satisfaction--
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 36%
Average age4444
Years of experience66

Claim approver vs medical claims analyst salary

Claim approvers and medical claims analysts have different pay scales, as shown below.

Claim ApproverMedical Claims Analyst
Average salary$44,986$46,708
Salary rangeBetween $31,000 And $63,000Between $32,000 And $68,000
Highest paying City-Bridgewater, NJ
Highest paying state-New Jersey
Best paying company-Montefiore Mount Vernon Hospital
Best paying industry-Insurance

Differences between claim approver and medical claims analyst education

There are a few differences between a claim approver and a medical claims analyst in terms of educational background:

Claim ApproverMedical Claims Analyst
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 36%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Claim approver vs medical claims analyst demographics

Here are the differences between claim approvers' and medical claims analysts' demographics:

Claim ApproverMedical Claims Analyst
Average age4444
Gender ratioMale, 25.6% Female, 74.4%Male, 14.2% Female, 85.8%
Race ratioBlack or African American, 10.5% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.5% White, 62.8% American Indian and Alaska Native, 0.5%Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.4% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between claim approver and medical claims analyst duties and responsibilities

Claim approver example responsibilities.

  • Manage confidential medical records and directs them to the appropriate practitioners while ensuring HIPPA regulations are maintain.
  • Train new hires on HMO claim processing.
  • Provide claim processing information for medical indemnity and PPO plans.
  • Present clinical management appeals for physician review and prepare provider resolution correspondence.
  • Submit appeals insurance follow-ups electronically, no fault, and workers compensation insurance.
  • Direct litigation in the areas of environmental liability, extra contractual claims, general liability, and medical malpractice.
  • Show more

Medical claims analyst example responsibilities.

  • Manage cases by aggressively directing the litigation process.
  • Analyze incoming medical claims using ICD-9, CPT, HCPCS coding, and Medicare fee schedules.
  • Determine if claims are in compliance under patient benefit plans for payments using DRG regulations :
  • Review medical records to determine if the ICD-9, CPT codes and modifiers are processed correctly.
  • Adhere to the HIPAA privacy, security regulations, and maintain confidentiality of patient a business records.
  • Research medical claims issues in response to informational inquiries by accessing and interpreting EOB's and claims history.
  • Show more

Claim approver vs medical claims analyst skills

Common claim approver skills
  • Process Claims, 24%
  • Medical Terminology, 23%
  • Disability Claims, 11%
  • Dental Claims, 9%
  • Data Entry, 5%
  • Insurance Claims, 4%
Common medical claims analyst skills
  • Medical Terminology, 9%
  • Medicaid, 6%
  • Medical Insurance Claims, 6%
  • Customer Service, 6%
  • Data Entry, 6%
  • Patients, 5%

Browse business and financial jobs