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Claims coordinator vs insurance assistant

The differences between claims coordinators and insurance assistants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a claims coordinator, becoming an insurance assistant takes usually requires 2-4 years. Additionally, a claims coordinator has an average salary of $38,620, which is higher than the $35,308 average annual salary of an insurance assistant.

The top three skills for a claims coordinator include customer service, patients and data entry. The most important skills for an insurance assistant are endorsements, data entry, and customer service.

Claims coordinator vs insurance assistant overview

Claims CoordinatorInsurance Assistant
Yearly salary$38,620$35,308
Hourly rate$18.57$16.98
Growth rate-6%-3%
Number of jobs27,33234,579
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 45%
Average age4444
Years of experience64

What does a claims coordinator do?

Claims coordinators are professionals who are responsible for coordinating activities that are related to handling and processing insurance claims for an organization. These coordinators must serve as liaison officer between the organization, insurance provider, and policyholders to communicate the status and eligibility for coverage for all relevant claims. They need to ensure that billing requirements are met by reviewing insurance claims. Claims coordinators must also answer all the inquiries of their clients while making recommendations to resolve any claim issues.

What does an insurance assistant do?

Insurance assistants work alongside insurance agents to gather information from clients, maintain insurance records, prepare documentation, handle mail and correspondence, calculate insurance premiums and awards, and recommend claim actions. Qualifications like good communication and negotiation skills, customer service orientation, research skills, and attention to detail are required for this position.

Claims coordinator vs insurance assistant salary

Claims coordinators and insurance assistants have different pay scales, as shown below.

Claims CoordinatorInsurance Assistant
Average salary$38,620$35,308
Salary rangeBetween $31,000 And $47,000Between $29,000 And $42,000
Highest paying CityFederal Way, WA-
Highest paying stateNew Jersey-
Best paying companyXcel Energy-
Best paying industryFinance-

Differences between claims coordinator and insurance assistant education

There are a few differences between a claims coordinator and an insurance assistant in terms of educational background:

Claims CoordinatorInsurance Assistant
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Claims coordinator vs insurance assistant demographics

Here are the differences between claims coordinators' and insurance assistants' demographics:

Claims CoordinatorInsurance Assistant
Average age4444
Gender ratioMale, 24.6% Female, 75.4%Male, 18.8% Female, 81.2%
Race ratioBlack or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 17.0% Asian, 5.3% White, 61.6% American Indian and Alaska Native, 0.5%Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%
LGBT Percentage10%11%

Differences between claims coordinator and insurance assistant duties and responsibilities

Claims coordinator example responsibilities.

  • Investigate, evaluate, and manage call to complete coverage analysis confirming or denying coverage using Xactimate estimating software.
  • Process and adjust Medicare claims, provide feedback to providers on proper CPT, ICD-9 coding for billing purposes.
  • Serve as point of contact for all legal issues relate to HIPAA.
  • Streamline audit procedures of TPA and maintain extremely high production rate which help in keeping staffing requirements lower.
  • Review and audit claims -Using correct CPT and DX codes -Denial reports -correct billing error, resubmitted claims for proper payment
  • Communicate with company management, injure workers/customers, medical providers and TPA, as necessary, regarding claim relate matters.
  • Show more

Insurance assistant example responsibilities.

  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Analyze Medicaid models, Medicare and HIPAA transaction documents.
  • Assign ICD-9 and CPT codes to office visit and inpatient and outpatient procedures.
  • Process electronic claims, pre-existing and subrogation investigation, point of service, and PPO and HMO processing.
  • Train staff on billing software in regards to CPT codes and pricing, submission procedures, and industry regulations.
  • Perform verification of Medicare and Medicaid coverage and limits.
  • Show more

Claims coordinator vs insurance assistant skills

Common claims coordinator skills
  • Customer Service, 23%
  • Patients, 9%
  • Data Entry, 8%
  • Phone Calls, 6%
  • Insurance Claims, 5%
  • Quality Standards, 4%
Common insurance assistant skills
  • Endorsements, 13%
  • Data Entry, 10%
  • Customer Service, 9%
  • Insurance Policies, 8%
  • Photocopying, 5%
  • Loss Runs, 4%

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