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Hospital insurance representative vs principal consultant

The differences between hospital insurance representatives and principal consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a principal consultant has an average salary of $116,478, 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 principal consultant are cloud, business development, and C #.

Hospital insurance representative vs principal consultant overview

Hospital Insurance RepresentativePrincipal Consultant
Yearly salary$31,416$116,478
Hourly rate$15.10$56.00
Growth rate-4%11%
Number of jobs39,948143,753
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 68%
Average age4444
Years of experience--

Hospital insurance representative vs principal consultant salary

Hospital insurance representatives and principal consultants have different pay scales, as shown below.

Hospital Insurance RepresentativePrincipal Consultant
Average salary$31,416$116,478
Salary rangeBetween $24,000 And $40,000Between $90,000 And $150,000
Highest paying City-San Francisco, CA
Highest paying state-Oregon
Best paying company-Pure Storage
Best paying industry-Finance

Differences between hospital insurance representative and principal consultant education

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

Hospital Insurance RepresentativePrincipal Consultant
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 68%
Most common majorHealth Care AdministrationBusiness
Most common collegeDuke UniversityWestern Carolina University

Hospital insurance representative vs principal consultant demographics

Here are the differences between hospital insurance representatives' and principal consultants' demographics:

Hospital Insurance RepresentativePrincipal Consultant
Average age4444
Gender ratioMale, 15.4% Female, 84.6%Male, 75.8% Female, 24.2%
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 principal consultant 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.

Principal consultant example responsibilities.

  • Manage project risks and issues throughout the SDLC phases, report project/program statuses to steering committee along with financial information.
  • Provide PMO office support including improving governance processes to achieve expect results.
  • Manage numerous engagements that are either custom development or package software (ERP) implementations and integration.
  • Project leadership, strategy and health information management consulting services to healthcare and manage care organizations and health information technology companies.
  • Design database and business objects using XML schema.
  • Create XMLType view to generate xml output from a SQL query.
  • Show more

Hospital insurance representative vs principal consultant skills

Common hospital insurance representative skills
  • HMO, 32%
  • Medical Terminology, 24%
  • EOB, 22%
  • CPT, 22%
Common principal consultant skills
  • Cloud, 11%
  • Business Development, 10%
  • C #, 7%
  • Customer Satisfaction, 6%
  • Java, 5%
  • Project Management, 4%

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