If you're going to be a medical claims processor, you have to be meticulous, organized, and detail-oriented. Reviewing, validating, and processing insurance claims are your main duties, but you have to do a variety of tasks as well. To be able to do the job effectively, you have to be knowledgeable with the coding systems of the International Classification of Diseases (ICD) and with the Current Procedural Terminology (CPT). There is no specific college degree required to be a medical claims processor; however, an allied health-related course or a business degree is going to be an asset if you are pursuing this line of work.
As a medical claims processor, you are expected to have a top-notch record management system, strong attention to detail, and computer proficiency. Good communication skills are also required because you will be coordinating with doctors, patients, and insurance representatives as you process claims.
There is more than meets the eye when it comes to being a medical claims processor. For example, did you know that they make an average of $15.45 an hour? That's $32,146 a year!
Between 2018 and 2028, the career is expected to grow 5% and produce 72,100 job opportunities across the U.S.
There are certain skills that many medical claims processors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed organizational skills, communication skills and math skills.
When it comes to the most important skills required to be a medical claims processor, we found that a lot of resumes listed 14.7% of medical claims processors included medical records, while 13.9% of resumes included insurance companies, and 9.0% of resumes included healthcare. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the medical claims processor job title. But what industry to start with? Most medical claims processors actually find jobs in the health care and insurance industries.
If you're interested in becoming a medical claims processor, one of the first things to consider is how much education you need. We've determined that 28.6% of medical claims processors have a bachelor's degree. In terms of higher education levels, we found that 3.2% of medical claims processors have master's degrees. Even though some medical claims processors have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a medical claims processor. When we researched the most common majors for a medical claims processor, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on medical claims processor resumes include high school diploma degrees or diploma degrees.
You may find that experience in other jobs will help you become a medical claims processor. In fact, many medical claims processor jobs require experience in a role such as customer service representative. Meanwhile, many medical claims processors also have previous career experience in roles such as cashier or claim processor.