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Insurance specialist vs authorization specialist

The differences between insurance specialists and authorization specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an insurance specialist and an authorization specialist. Additionally, an authorization specialist has an average salary of $36,518, which is higher than the $34,281 average annual salary of an insurance specialist.

The top three skills for an insurance specialist include patients, customer service and insurance coverage. The most important skills for an authorization specialist are patients, customer service, and insurance verification.

Insurance specialist vs authorization specialist overview

Insurance SpecialistAuthorization Specialist
Yearly salary$34,281$36,518
Hourly rate$16.48$17.56
Growth rate-3%-4%
Number of jobs98,59571,831
Job satisfaction--
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 33%
Average age4440
Years of experience44

What does an insurance specialist do?

An insurance specialist is an individual responsible for interpreting insurance plans and providing risk management advice to clients and wealth managers. Insurance specialists must have a full understanding of risk management to craft a comprehensive solution that integrates well with the client's portfolio. They need to manage their clients' accounts and should maintain contact with clients after the application process. Insurance specialists must ensure that government insurance programs comply with federal laws, regulations, and contracts within the healthcare industry.

What does an authorization specialist do?

An authorization specialist is responsible for reviewing insurance claims and determining the necessary settlement for the clients and involved parties. Authorization specialists file documents and gather the required information for further investigation and analysis. They coordinate with the insurance agency and the medical institution and ensure that the correct communications are being sent out for reference. An authorization specialist must have excellent communication and organizational skills, especially in writing authorization requests and resolve claims timely and efficiently.

Insurance specialist vs authorization specialist salary

Insurance specialists and authorization specialists have different pay scales, as shown below.

Insurance SpecialistAuthorization Specialist
Average salary$34,281$36,518
Salary rangeBetween $27,000 And $42,000Between $28,000 And $47,000
Highest paying CityNew York, NYMilford, MA
Highest paying stateNew HampshireMassachusetts
Best paying companyDeloitteGuidehouse
Best paying industryGovernmentHealth Care

Differences between insurance specialist and authorization specialist education

There are a few differences between an insurance specialist and an authorization specialist in terms of educational background:

Insurance SpecialistAuthorization Specialist
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 33%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Insurance specialist vs authorization specialist demographics

Here are the differences between insurance specialists' and authorization specialists' demographics:

Insurance SpecialistAuthorization Specialist
Average age4440
Gender ratioMale, 22.1% Female, 77.9%Male, 15.4% Female, 84.6%
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, 10.8% Unknown, 5.5% Hispanic or Latino, 22.6% Asian, 6.9% White, 53.6% American Indian and Alaska Native, 0.8%
LGBT Percentage11%7%

Differences between insurance specialist and authorization specialist duties and responsibilities

Insurance specialist example responsibilities.

  • Manage database by processing renewals and endorsements.
  • Maintain confidentiality and adhere HIPPA guidelines with handling patients' information
  • Make recommendations on operationalization and oversight of specific marketplace enrollment policies.
  • Verify various health insurance plan benefit information and eligibility for patients with chronic illnesses.
  • Identify third party patient eligibility for Medicaid, Medicare, private insurance and alternate resources.
  • Enter and prepare advanced beneficiary notices base on diagnosis and procedure codes for Medicare cover patients.
  • Show more

Authorization specialist example responsibilities.

  • Demonstrate knowledge of HIPAA by appropriately managing patient confidentiality.
  • Utilize CMS and InterQual criteria to establish authorizations for members requiring medical services for a Medicare advantage insurance company.
  • Build authorization, match ICD-10 codes with there procedure codes
  • Provide patients with patient registration forms in order to follow up on patient check-in and check-out utilizing a proprietary management system.
  • Obtain verification of insurance coverage and authorizations for clinical visits and surgical procedures for patients.
  • Perform all components of the office registration including arrival, check-in and future appointments.
  • Show more

Insurance specialist vs authorization specialist skills

Common insurance specialist skills
  • Patients, 18%
  • Customer Service, 11%
  • Insurance Coverage, 4%
  • Insurance Verification, 4%
  • Life Insurance, 4%
  • Data Entry, 4%
Common authorization specialist skills
  • Patients, 20%
  • Customer Service, 10%
  • Insurance Verification, 6%
  • Medical Terminology, 6%
  • Insurance Eligibility, 4%
  • Veterans, 4%

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