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Hospital insurance representative vs business developer

The differences between hospital insurance representatives and business developers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business developer has an average salary of $101,635, which is higher than the $31,416 average annual salary of a hospital insurance representative.

The top three skills for a hospital insurance representative include HMO, medical terminology and EOB. The most important skills for a business developer are healthcare, CRM, and customer service.

Hospital insurance representative vs business developer overview

Hospital Insurance RepresentativeBusiness Developer
Yearly salary$31,416$101,635
Hourly rate$15.10$48.86
Growth rate-4%10%
Number of jobs39,948193,469
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 72%
Average age4444
Years of experience--

Hospital insurance representative vs business developer salary

Hospital insurance representatives and business developers have different pay scales, as shown below.

Hospital Insurance RepresentativeBusiness Developer
Average salary$31,416$101,635
Salary rangeBetween $24,000 And $40,000Between $66,000 And $156,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Apple
Best paying industry-Manufacturing

Differences between hospital insurance representative and business developer education

There are a few differences between a hospital insurance representative and a business developer in terms of educational background:

Hospital Insurance RepresentativeBusiness Developer
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 72%
Most common majorHealth Care AdministrationBusiness
Most common collegeDuke UniversityWestern Carolina University

Hospital insurance representative vs business developer demographics

Here are the differences between hospital insurance representatives' and business developers' demographics:

Hospital Insurance RepresentativeBusiness Developer
Average age4444
Gender ratioMale, 15.4% Female, 84.6%Male, 65.8% Female, 34.2%
Race ratioBlack or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage11%11%

Differences between hospital insurance representative and business developer duties and responsibilities

Hospital insurance representative example responsibilities.

  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Verify that each CPT code are paid correctly and according to fee schedule for any overpayment or underpayment ..
  • Provide financial counseling for patients and their families by explaining financial policies and providing available resources for alternative payment.
  • Fill out refund form with copy of all relate EOB's when credit balances are find on account.
  • Serve as a resource/ advocate to all employees regarding claims problem resolution, benefits explanations and EOB issues.
  • Collect patient demographic & insurance information via telephone for outpatient surgery and radiology.

Business developer example responsibilities.

  • Manage all marketing and sales duties in Asia and Caribbean markets.
  • Manage pipeline within SalesForce and maintain accurate prospect/client information.
  • Manage logistics, control engineering and design, order placement, vendor relationships, customer utilization and technology.
  • Provide enterprise-wide e-business leadership for platform and product development, e-commerce & CRM solutions, and end-to-end customer acquisition strategies.
  • Establish a social media presence through Facebook & LinkedIn to increase marketability and develop a virtual community for the organization.
  • Implement the company from UK in Switzerland.
  • Show more

Hospital insurance representative vs business developer skills

Common hospital insurance representative skills
  • HMO, 32%
  • Medical Terminology, 24%
  • EOB, 22%
  • CPT, 22%
Common business developer skills
  • Healthcare, 10%
  • CRM, 8%
  • Customer Service, 7%
  • Work Ethic, 4%
  • Linkedin, 3%
  • Sales Process, 3%

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