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Claims account specialist vs debt collector

The differences between claims account specialists and debt collectors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a claims account specialist and a debt collector. Additionally, a claims account specialist has an average salary of $37,054, which is higher than the $33,865 average annual salary of a debt collector.

The top three skills for a claims account specialist include customer service, medical terminology and patient accounts. The most important skills for a debt collector are customer service, outbound calls, and payment arrangements.

Claims account specialist vs debt collector overview

Claims Account SpecialistDebt Collector
Yearly salary$37,054$33,865
Hourly rate$17.81$16.28
Growth rate-8%-8%
Number of jobs90,49123,385
Job satisfaction--
Most common degreeBachelor's Degree, 48%High School Diploma, 34%
Average age4646
Years of experience1212

Claims account specialist vs debt collector salary

Claims account specialists and debt collectors have different pay scales, as shown below.

Claims Account SpecialistDebt Collector
Average salary$37,054$33,865
Salary rangeBetween $31,000 And $43,000Between $26,000 And $43,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Mayor Ethan Berkowitz
Best paying industry-Construction

Differences between claims account specialist and debt collector education

There are a few differences between a claims account specialist and a debt collector in terms of educational background:

Claims Account SpecialistDebt Collector
Most common degreeBachelor's Degree, 48%High School Diploma, 34%
Most common majorBusinessBusiness
Most common college--

Claims account specialist vs debt collector demographics

Here are the differences between claims account specialists' and debt collectors' demographics:

Claims Account SpecialistDebt Collector
Average age4646
Gender ratioMale, 26.0% Female, 74.0%Male, 30.7% Female, 69.3%
Race ratioBlack or African American, 14.6% Unknown, 4.0% Hispanic or Latino, 16.6% Asian, 3.6% White, 60.8% American Indian and Alaska Native, 0.5%Black or African American, 12.2% Unknown, 4.0% Hispanic or Latino, 20.0% Asian, 3.4% White, 59.9% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between claims account specialist and debt collector duties and responsibilities

Claims account specialist example responsibilities.

  • Manage accounts for healthcare clients, review detailed patient information for payment resolution while abiding HIPPA privacy and security regulations.
  • Interview incoming patients, his/her relatives, or other responsible individuals to obtain identifying and biographical information with insurance and financial information
  • Review HMO insurance vouchers and resubmitted if necessary.
  • Utilize excellent communication and negotiation skills to resolve credit card delinquency favorable to company and card member.

Debt collector example responsibilities.

  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Work with FHA, obama programs at the time.
  • Educate customers on ways to get medical assistance such as Medicaid, Medicare etc.
  • Prevent foreclosure by putting people on repayment plans, submitting requests for modifications, or deed in lieu.
  • File Medicaid, Medicare and commercial claims consisting of PPO discounts, nurse practitioner discounts, humanitarian discounts, etc.
  • Maintain security and confidentiality of company and client information, following FDCPA regulations.
  • Show more

Claims account specialist vs debt collector skills

Common claims account specialist skills
  • Customer Service, 28%
  • Medical Terminology, 13%
  • Patient Accounts, 9%
  • Medical Treatment, 7%
  • Process Payments, 7%
  • Medicaid, 7%
Common debt collector skills
  • Customer Service, 9%
  • Outbound Calls, 9%
  • Payment Arrangements, 8%
  • Delinquent Accounts, 8%
  • Credit Card Payments, 6%
  • FDCPA, 5%

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