Claims collector vs senior collector

The differences between claims collectors and senior 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 collector and a senior collector. Additionally, a senior collector has an average salary of $85,626, which is higher than the $36,591 average annual salary of a claims collector.

The top three skills for a claims collector include patients, appeals and medicaid. The most important skills for a senior collector are customer service, payment arrangements, and past due accounts.

Claims collector vs senior collector overview

	Claims Collector	Senior Collector
Yearly salary	$36,591	$85,626
Hourly rate	$17.59	$41.17
Growth rate	-8%	-8%
Number of jobs	19,142	5,614
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 34%	Bachelor's Degree, 41%
Average age	46	46
Years of experience	12	12

Claims collector vs senior collector salary

Claims collectors and senior collectors have different pay scales, as shown below.

	Claims Collector	Senior Collector
Average salary	$36,591	$85,626
Salary range	Between $30,000 And $43,000	Between $50,000 And $145,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between claims collector and senior collector education

There are a few differences between a claims collector and a senior collector in terms of educational background:

	Claims Collector	Senior Collector
Most common degree	Bachelor's Degree, 34%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	-	-

Claims collector vs senior collector demographics

Here are the differences between claims collectors' and senior collectors' demographics:

	Claims Collector	Senior Collector
Average age	46	46
Gender ratio	Male, 15.8% Female, 84.2%	Male, 40.1% Female, 59.9%
Race ratio	Black or African American, 14.1% Unknown, 4.0% Hispanic or Latino, 19.5% Asian, 3.5% White, 58.4% American Indian and Alaska Native, 0.5%	Black or African American, 13.4% Unknown, 4.1% Hispanic or Latino, 20.9% Asian, 3.7% White, 57.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between claims collector and senior collector duties and responsibilities

Claims collector example responsibilities.

Monitor all assign accounts by reviewing the client's aging, manage all potential bad debit, DSO, aging.
Operate under HIPPA guidelines for all collection activities.
Maintain strict confidentiality and adhere to HIPPA policies.
Maintain high- standards of confidentiality per HIPAA guidelines.
Review and resubmits denials from Medicaid, Medicare and private health insurance.
Research and resolve denials and EOB rejections within standard billing cycle timeframe.

Senior collector example responsibilities.

Accomplish the above in compliance with HIPAA regulations.
Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
Record CPT codes and ICD-9 codes on billing forms.
Develop and pursue collection strategies to reduce the DSO.
Process credit cards, purchase cards, ACH payments.
Used the Medicaid web portal to check claim status and eligibility.

Claims collector vs senior collector skills

Common claims collector skills

Patients, 27%
Appeals, 11%
Medicaid, 10%
Medical Insurance Claims, 8%
EOB, 6%
Outbound Calls, 5%

Common senior collector skills

Customer Service, 16%
Payment Arrangements, 13%
Past Due Accounts, 6%
Debt Repayment, 5%
Loss Mitigation, 5%
FDCPA, 4%