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Medical claims analyst vs worker's compensation claims examiner

The differences between medical claims analysts and workers's compensation claims examiner 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 worker's compensation claims examiner. Additionally, a worker's compensation claims examiner has an average salary of $53,581, which is higher than the $46,708 average annual salary of a medical claims analyst.

The top three skills for a medical claims analyst include medical terminology, medicaid and medical insurance claims. The most important skills for a worker's compensation claims examiner are rehabilitation, social security, and litigation.

Medical claims analyst vs worker's compensation claims examiner overview

Medical Claims AnalystWorker's Compensation Claims Examiner
Yearly salary$46,708$53,581
Hourly rate$22.46$25.76
Growth rate-6%-6%
Number of jobs65,89715,002
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 60%
Average age4444
Years of experience66

What does a medical claims analyst do?

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.

What does a worker's compensation claims examiner do?

Worker's Compensation Claims Examiners are responsible for managing the overall process of compensation claims for workers. They review accurate submission of claim documents, determine the appropriateness of compensation, and finalize the amount before authorizing payment to the respective worker. Other duties include ensuring claims adhere to workers' compensation law and follow proper guidelines. A Worker Compensation Claims Examiner normally work for life insurance or health companies.

Medical claims analyst vs worker's compensation claims examiner salary

Medical claims analysts and workers's compensation claims examiner have different pay scales, as shown below.

Medical Claims AnalystWorker's Compensation Claims Examiner
Average salary$46,708$53,581
Salary rangeBetween $32,000 And $68,000Between $33,000 And $84,000
Highest paying CityBridgewater, NJSan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyMontefiore Mount Vernon HospitalZurich
Best paying industryInsuranceFinance

Differences between medical claims analyst and worker's compensation claims examiner education

There are a few differences between a medical claims analyst and a worker's compensation claims examiner in terms of educational background:

Medical Claims AnalystWorker's Compensation Claims Examiner
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Medical claims analyst vs worker's compensation claims examiner demographics

Here are the differences between medical claims analysts' and workers's compensation claims examiner' demographics:

Medical Claims AnalystWorker's Compensation Claims Examiner
Average age4444
Gender ratioMale, 14.2% Female, 85.8%Male, 25.0% Female, 75.0%
Race ratioBlack 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, 10.7% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.8% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between medical claims analyst and worker's compensation claims examiner duties and responsibilities

Medical claims analyst example responsibilities.

  • Manage cases by aggressively directing the litigation process.
  • Analyze incoming medical claims using ICD-9, CPT, HCPCS coding, and Medicare fee schedules.
  • Determine if claims are in compliance under patient benefit plans for payments using DRG regulations :
  • Review medical records to determine if the ICD-9, CPT codes and modifiers are processed correctly.
  • Adhere to the HIPAA privacy, security regulations, and maintain confidentiality of patient a business records.
  • Research medical claims issues in response to informational inquiries by accessing and interpreting EOB's and claims history.
  • Show more

Worker's compensation claims examiner example responsibilities.

  • Manage all aspects of claims, including heavy litigation and vocational rehabilitation cases.
  • Negotiate settlements and actively manage the litigation process and process complex and technically difficult claims.
  • Determine benefits when processing medical claims receive as HCFA and UB92 paper claims or electronically.
  • Set up vehicle inspections, and rental reservations as a part of the claim settlement process.
  • Handle incoming calls from customers and providers with policy changes and claim status updates and maintain HIPAA.
  • Process claim forms, adjudicates for provision of deductibles, co-pays, co-insurance maximums and provider settlements and Medicaid claims.
  • Show more

Medical claims analyst vs worker's compensation claims examiner skills

Common medical claims analyst skills
  • Medical Terminology, 9%
  • Medicaid, 6%
  • Medical Insurance Claims, 6%
  • Customer Service, 6%
  • Data Entry, 6%
  • Patients, 5%
Common worker's compensation claims examiner skills
  • Rehabilitation, 22%
  • Social Security, 16%
  • Litigation, 15%
  • Medical Management, 9%
  • Workers Compensation Claims, 9%
  • TPA, 4%

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