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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 | Worker's Compensation Claims Examiner | |
| Yearly salary | $46,708 | $53,581 |
| Hourly rate | $22.46 | $25.76 |
| Growth rate | -6% | -6% |
| Number of jobs | 65,897 | 15,002 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 60% |
| 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.
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 analysts and workers's compensation claims examiner have different pay scales, as shown below.
| Medical Claims Analyst | Worker's Compensation Claims Examiner | |
| Average salary | $46,708 | $53,581 |
| Salary range | Between $32,000 And $68,000 | Between $33,000 And $84,000 |
| Highest paying City | Bridgewater, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Montefiore Mount Vernon Hospital | Zurich |
| Best paying industry | Insurance | Finance |
There are a few differences between a medical claims analyst and a worker's compensation claims examiner in terms of educational background:
| Medical Claims Analyst | Worker's Compensation Claims Examiner | |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between medical claims analysts' and workers's compensation claims examiner' demographics:
| Medical Claims Analyst | Worker's Compensation Claims Examiner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 14.2% Female, 85.8% | Male, 25.0% Female, 75.0% |
| 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, 10.7% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |