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Insurance specialist vs certified medical technician

The differences between insurance specialists 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 specialist, 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 $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 a certified medical technician are patients, vital signs, and CPR.

Insurance specialist vs certified medical technician overview

Insurance SpecialistCertified Medical Technician
Yearly salary$34,281$38,859
Hourly rate$16.48$18.68
Growth rate-3%5%
Number of jobs98,595164,424
Job satisfaction--
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 28%
Average age4444
Years of experience412

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 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 specialist vs certified medical technician salary

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

Insurance SpecialistCertified Medical Technician
Average salary$34,281$38,859
Salary rangeBetween $27,000 And $42,000Between $28,000 And $53,000
Highest paying CityNew York, NYDenton, TX
Highest paying stateNew HampshireAlaska
Best paying companyDeloitteFavorite Healthcare Staffing
Best paying industryGovernmentHealth Care

Differences between insurance specialist and certified medical technician education

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

Insurance SpecialistCertified Medical Technician
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common college-University of Connecticut

Insurance specialist vs certified medical technician demographics

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

Insurance SpecialistCertified Medical Technician
Average age4444
Gender ratioMale, 22.1% Female, 77.9%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 specialist and certified medical technician 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

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 specialist vs certified medical technician skills

Common insurance specialist skills
  • Patients, 18%
  • Customer Service, 11%
  • Insurance Coverage, 4%
  • Insurance Verification, 4%
  • Life Insurance, 4%
  • Data Entry, 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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