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The differences between insurance verification representatives and verification specialists 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 verification representative, becoming a verification specialist takes usually requires 4-6 years. Additionally, an insurance verification representative has an average salary of $32,706, which is higher than the $31,564 average annual salary of a verification specialist.
The top three skills for an insurance verification representative include patients, insurance verification and customer service. The most important skills for a verification specialist are customer service, patients, and data entry.
| Insurance Verification Representative | Verification Specialist | |
| Yearly salary | $32,706 | $31,564 |
| Hourly rate | $15.72 | $15.18 |
| Growth rate | -4% | 7% |
| Number of jobs | 150,260 | 26,348 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 28% | Bachelor's Degree, 37% |
| Average age | 40 | 45 |
| Years of experience | 4 | 6 |
An insurance verification representative is responsible for ensuring the coverage of a patient's healthcare benefits by required procedures. Your duties will typically include updating patient information, verifying insurance coverage of patients, and arranging payment for medical services that are not covered under insurance. In addition, you will be checking eligibility and benefits for healthcare providers and explaining Medicare and CMS guidelines as needed. As an insurance verification representative, you are also expected to advise and discuss various financing options that best fit a patient's budget.
The verification specialist's primary role is to make and take calls to employers for the purpose of verifying information stated by an applicant on his/her /her job application. They manage calls inbound/outbound for education, employment, reference, and licensing verification purposes. They also maintain and keep records of all calls handled to ensure all verifications made are followed upon on time. They communicate effectively and proficiently to all parties involved in attaining verification information. Moreover, they do monthly review to quality check all data gathered for verifications.
Insurance verification representatives and verification specialists have different pay scales, as shown below.
| Insurance Verification Representative | Verification Specialist | |
| Average salary | $32,706 | $31,564 |
| Salary range | Between $28,000 And $37,000 | Between $24,000 And $41,000 |
| Highest paying City | Charleston, WV | San Jose, CA |
| Highest paying state | Massachusetts | California |
| Best paying company | Student Conservation Association | Jacobs Engineering Group |
| Best paying industry | Health Care | Insurance |
There are a few differences between an insurance verification representative and a verification specialist in terms of educational background:
| Insurance Verification Representative | Verification Specialist | |
| Most common degree | Bachelor's Degree, 28% | Bachelor's Degree, 37% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between insurance verification representatives' and verification specialists' demographics:
| Insurance Verification Representative | Verification Specialist | |
| Average age | 40 | 45 |
| Gender ratio | Male, 15.1% Female, 84.9% | Male, 23.9% Female, 76.1% |
| Race ratio | Black or African American, 12.6% Unknown, 4.8% Hispanic or Latino, 22.0% Asian, 6.3% White, 53.8% American Indian and Alaska Native, 0.6% | Black or African American, 11.2% Unknown, 3.7% Hispanic or Latino, 15.2% Asian, 7.3% White, 62.3% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 7% | 9% |