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Insurance claims processor vs certified medical technician

The differences between insurance claims processors and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an insurance claims processor, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a certified medical technician has an average salary of $38,859, which is higher than the $37,151 average annual salary of an insurance claims processor.

The top three skills for an insurance claims processor include data entry, customer service and medicaid. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Insurance claims processor vs certified medical technician overview

Insurance Claims ProcessorCertified Medical Technician
Yearly salary$37,151$38,859
Hourly rate$17.86$18.68
Growth rate-3%5%
Number of jobs48,777164,424
Job satisfaction--
Most common degreeBachelor's Degree, 30%Bachelor's Degree, 28%
Average age4444
Years of experience412

What does an insurance claims processor do?

A claims processor usually works in health or property insurance claims. They are responsible for processing and evaluating the claim forms, monitoring and verifying information, and closely communicating with the company's clients, beneficiaries, and agents. Also, they handle queries and comments, calculate possible claims, and process of various payments. They also need to ensure all insurance company guidelines and policies are adhered to in order to avoid discrepancies, issues, and other problems regarding a client's claims.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Insurance claims processor vs certified medical technician salary

Insurance claims processors and certified medical technicians have different pay scales, as shown below.

Insurance Claims ProcessorCertified Medical Technician
Average salary$37,151$38,859
Salary rangeBetween $30,000 And $45,000Between $28,000 And $53,000
Highest paying CityEden Prairie, MNDenton, TX
Highest paying stateConnecticutAlaska
Best paying companyAccentureFavorite Healthcare Staffing
Best paying industryInsuranceHealth Care

Differences between insurance claims processor and certified medical technician education

There are a few differences between an insurance claims processor and a certified medical technician in terms of educational background:

Insurance Claims ProcessorCertified Medical Technician
Most common degreeBachelor's Degree, 30%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common college-University of Connecticut

Insurance claims processor vs certified medical technician demographics

Here are the differences between insurance claims processors' and certified medical technicians' demographics:

Insurance Claims ProcessorCertified Medical Technician
Average age4444
Gender ratioMale, 20.3% Female, 79.7%Male, 20.4% Female, 79.6%
Race ratioBlack 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%Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage11%8%

Differences between insurance claims processor and certified medical technician duties and responsibilities

Insurance claims processor example responsibilities.

  • Manage cases by aggressively directing the litigation process.
  • Maintain confidentiality in accordance with HIPAA laws.
  • Process ICD-9 codes, diagnostic and procedure codes.
  • Handle confidential information according to HIPPA and JAACHO standards.
  • Follow and comply with HIPPA rules and regulations to ensure patient privacy.
  • Process medical and dental claims using appropriate CPT, ICD-9, and ADA coding.
  • Show more

Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
  • Show more

Insurance claims processor vs certified medical technician skills

Common insurance claims processor skills
  • Data Entry, 18%
  • Customer Service, 11%
  • Medicaid, 8%
  • Medical Terminology, 6%
  • Insurance Coverage, 5%
  • ICD-9, 4%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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