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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 | Medication Coordinator | |
| Yearly salary | $32,788 | $41,887 |
| Hourly rate | $15.76 | $20.14 |
| Growth rate | -3% | -8% |
| Number of jobs | 108,509 | 67,303 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 41% |
| Average age | 44 | 49 |
| Years of experience | 4 | 2 |
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.
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 coordinators and medication coordinators have different pay scales, as shown below.
| Insurance Coordinator | Medication Coordinator | |
| Average salary | $32,788 | $41,887 |
| Salary range | Between $25,000 And $41,000 | Between $28,000 And $62,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | New Hampshire | California |
| Best paying company | University of California, Berkeley | Catholic Health Care System |
| Best paying industry | Pharmaceutical | Pharmaceutical |
There are a few differences between an insurance coordinator and a medication coordinator in terms of educational background:
| Insurance Coordinator | Medication Coordinator | |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 41% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between insurance coordinators' and medication coordinators' demographics:
| Insurance Coordinator | Medication Coordinator | |
| Average age | 44 | 49 |
| Gender ratio | Male, 9.9% Female, 90.1% | Male, 19.5% Female, 80.5% |
| Race ratio | 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% | 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 Percentage | 11% | 9% |