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Insurance coordinator vs medication coordinator

The differences between insurance coordinators and medication coordinators 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 coordinator, becoming a medication coordinator takes usually requires 1-2 years. Additionally, a medication coordinator has an average salary of $41,887, which is higher than the $32,788 average annual salary of an insurance coordinator.

The top three skills for an insurance coordinator include patients, customer service and insurance verification. The most important skills for a medication coordinator are patients, triage, and HIPAA.

Insurance coordinator vs medication coordinator overview

Insurance CoordinatorMedication Coordinator
Yearly salary$32,788$41,887
Hourly rate$15.76$20.14
Growth rate-3%-8%
Number of jobs108,50967,303
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 41%
Average age4449
Years of experience42

What does an insurance coordinator do?

An insurance coordinator is responsible for evaluating and validating insurance information to verify claims and process the necessary claims resolutions for parties. Insurance coordinators submit claims statements timely to the insurance officers for review, coordinate with the clients for inquiries and updates, and reach out to medical institutions for accurate filing of payments. An insurance coordinator must have excellent communication and analytical skills to assess reports, resolve claims discrepancies, and escalate high-level complaints to the officers for immediate action.

What does a medication coordinator do?

A medication care coordinator communicates on the job with basic knowledge of medical terminology and human anatomy to ensure that patient medication plans are correct. Medication care coordinators establish relationships with healthcare clinic partners. They serve as liaisons between pharmacies and patients. Their skills to acquire include knowledge and experience in patient care, customer service, medical standards, and treatment plans. They should also develop strong communication skills, attention to detail, and patient relations.

Insurance coordinator vs medication coordinator salary

Insurance coordinators and medication coordinators have different pay scales, as shown below.

Insurance CoordinatorMedication Coordinator
Average salary$32,788$41,887
Salary rangeBetween $25,000 And $41,000Between $28,000 And $62,000
Highest paying CityOakland, CASan Francisco, CA
Highest paying stateNew HampshireCalifornia
Best paying companyUniversity of California, BerkeleyCatholic Health Care System
Best paying industryPharmaceuticalPharmaceutical

Differences between insurance coordinator and medication coordinator education

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

Insurance CoordinatorMedication Coordinator
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common college--

Insurance coordinator vs medication coordinator demographics

Here are the differences between insurance coordinators' and medication coordinators' demographics:

Insurance CoordinatorMedication Coordinator
Average age4449
Gender ratioMale, 9.9% Female, 90.1%Male, 19.5% Female, 80.5%
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, 9.6% Unknown, 3.8% Hispanic or Latino, 12.0% Asian, 3.8% White, 70.6% American Indian and Alaska Native, 0.4%
LGBT Percentage11%9%

Differences between insurance coordinator and medication coordinator duties and responsibilities

Insurance coordinator example responsibilities.

  • Verify patient dental insurance coverage and limitations with major private and business dental insurance providers as well as Medicaid and Medicare.
  • File to record patient demographics in numerous EMR systems and paper charts if applicable.
  • Prepare providers and staff for ICD-10 transition.
  • Post and reconcile all daily insurance, patient payments and transactions within the EMR system.
  • Experience in registration in healthcare, business office and physician billing, with reimbursement and collections.
  • Process all Medicare claims, explaining HMO changes to patients in detail and accurately documenting all benefits.
  • Show more

Medication coordinator example responsibilities.

  • Manage patient's accounts collecting and billing financial statements, budgets and expertise with CPT and ICD-9 coding.
  • Manage inpatient transfers to rehabilitation and medical facilities, along with preparing and monitoring outpatient billings insurance verification and referrals.
  • Complete records after patients complete all medical appointments, typing intake forms and additional entries/forms, and obtain physician signatures.
  • Navigate effectively through an electronic medical records (EMR) system.
  • Develop plan for confidentiality of client and agency information through HIPAA guidelines.
  • Perform Medicare and Medicaid audits on members using company medical policy and establish criteria for H.C.F.A.
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Insurance coordinator vs medication coordinator skills

Common insurance coordinator skills
  • Patients, 26%
  • Customer Service, 11%
  • Insurance Verification, 7%
  • Insurance Eligibility, 4%
  • Medicaid, 3%
  • Medical Terminology, 3%
Common medication coordinator skills
  • Patients, 13%
  • Triage, 6%
  • HIPAA, 6%
  • Customer Service, 6%
  • Test Results, 5%
  • Vital Signs, 5%

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