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The differences between medical claims analysts and claims representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a medical claims analyst and a claims representative. Additionally, a medical claims analyst has an average salary of $46,708, which is higher than the $38,796 average annual salary of a claims representative.
The top three skills for a medical claims analyst include medical terminology, medicaid and medical insurance claims. The most important skills for a claims representative are customer service, quality standards, and policy coverage.
| Medical Claims Analyst | Claims Representative | |
| Yearly salary | $46,708 | $38,796 |
| Hourly rate | $22.46 | $18.65 |
| Growth rate | -6% | -6% |
| Number of jobs | 65,897 | 18,565 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A medical claims analyst audits or verifies medical claims in insurance companies. Medical claims analysts make sure that corporate reimbursement payments are accurate. Usually, they work at an office on a computer workstation. They receive Medicaid claims from specialty and medical providers for reimbursement. Their job includes the development of an enhanced procedure in handling difficult Medicare/Medicaid letters while complying with the set policies.
A Claims Representative is an agent who works for insurance companies in order to investigate and settle claims. The agent acts as an intermediary between customers and insurance companies by evaluating the customers' facts surrounding claims and determining whether the loss is covered or should be compensated. Such a role is important because an agent makes sure that no fraud claims are being paid out. It is also highlighted that an agent works in compliance with state regulations.
Medical claims analysts and claims representatives have different pay scales, as shown below.
| Medical Claims Analyst | Claims Representative | |
| Average salary | $46,708 | $38,796 |
| Salary range | Between $32,000 And $68,000 | Between $28,000 And $53,000 |
| Highest paying City | Bridgewater, NJ | Dearborn, MI |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Montefiore Mount Vernon Hospital | W. R. Berkley |
| Best paying industry | Insurance | Government |
There are a few differences between a medical claims analyst and a claims representative in terms of educational background:
| Medical Claims Analyst | Claims Representative | |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between medical claims analysts' and claims representatives' demographics:
| Medical Claims Analyst | Claims Representative | |
| Average age | 44 | 44 |
| Gender ratio | Male, 14.2% Female, 85.8% | Male, 37.5% Female, 62.5% |
| Race ratio | Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.4% American Indian and Alaska Native, 0.5% | Black or African American, 11.0% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |