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The differences between medicaid specialists and reimbursement specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a medicaid specialist, becoming a reimbursement specialist takes usually requires 6-12 months. Additionally, a medicaid specialist has an average salary of $44,308, which is higher than the $38,273 average annual salary of a reimbursement specialist.
The top three skills for a medicaid specialist include patients, home health and medicaid eligibility. The most important skills for a reimbursement specialist are patients, customer service, and appeals.
| Medicaid Specialist | Reimbursement Specialist | |
| Yearly salary | $44,308 | $38,273 |
| Hourly rate | $21.30 | $18.40 |
| Growth rate | - | 11% |
| Number of jobs | 73,368 | 32,292 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 40% |
| Average age | 46 | 45 |
| Years of experience | 2 | 12 |
A Medicaid Specialist is a social service worker who focuses on assisting individuals when it comes to Medicaid programs. They are responsible for helping individuals understand the health care system procedures and requirements, answering inquiries, or referring them to other services. There are also Medicaid specialists who mostly perform clerical support tasks such as gathering and verifying documents, conducting research and analyses, handling calls and correspondence, reaching out to medical facilities and insurance companies, and maintaining records.
A reimbursement specialist is responsible for analyzing insurance documents, processing reimbursement claims, and releasing accurate billing statements for insurance claims. Reimbursement specialists must have excellent analytical skills, especially on performing clerical tasks to evaluate insurance cases, investigate cases, and update the account information of the clients on the database. They should also have impeccable communication skills and understanding of the insurance processes to be able to coordinate with the clients, explaining the procedures of their claims accurately, and coordinate with the insurance management to improve the claims processes.
Medicaid specialists and reimbursement specialists have different pay scales, as shown below.
| Medicaid Specialist | Reimbursement Specialist | |
| Average salary | $44,308 | $38,273 |
| Salary range | Between $29,000 And $67,000 | Between $29,000 And $49,000 |
| Highest paying City | - | Lynchburg, VA |
| Highest paying state | - | Virginia |
| Best paying company | - | Novartis |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a medicaid specialist and a reimbursement specialist in terms of educational background:
| Medicaid Specialist | Reimbursement Specialist | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 40% |
| Most common major | Business | Business |
| Most common college | University of Michigan - Ann Arbor | University of Pennsylvania |
Here are the differences between medicaid specialists' and reimbursement specialists' demographics:
| Medicaid Specialist | Reimbursement Specialist | |
| Average age | 46 | 45 |
| Gender ratio | Male, 16.7% Female, 83.3% | Male, 15.2% Female, 84.8% |
| Race ratio | Black or African American, 21.6% Unknown, 4.2% Hispanic or Latino, 14.7% Asian, 7.8% White, 50.5% American Indian and Alaska Native, 1.2% | Black or African American, 9.8% Unknown, 4.2% Hispanic or Latino, 16.9% Asian, 8.1% White, 59.8% American Indian and Alaska Native, 1.3% |
| LGBT Percentage | 7% | 9% |