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The differences between referral specialists and insurance verification specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a referral specialist has an average salary of $36,143, which is higher than the $33,043 average annual salary of an insurance verification specialist.
The top three skills for a referral specialist include patients, customer service and medical terminology. The most important skills for an insurance verification specialist are patients, insurance verification, and customer service.
| Referral Specialist | Insurance Verification Specialist | |
| Yearly salary | $36,143 | $33,043 |
| Hourly rate | $17.38 | $15.89 |
| Growth rate | -8% | 6% |
| Number of jobs | 72,016 | 71,688 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 44% | Associate Degree, 27% |
| Average age | 49 | 46 |
| Years of experience | 2 | - |
Referral specialists are responsible for ensuring patients are already cleared for specialty service office visits. They resolve registration, pre-certification, and case-related affairs before the client's appointment. Also, they give support to clinical staff to manage the administrative components of clinical referrals for many services. They must gather relevant information from financial counselors, insurance carriers, and other supplementary staff to make sure the patient's financial responsibility for services are provided. Additionally, they act as a liaison between the patients, physicians, hospitals, health insurance vendors, or other referral sources.
An insurance verification specialist is responsible for confirming a patient's insurance details and eligibility to receive medical care services. Insurance verification specialists review the insurance documents of the patients, including its coverage and limitations, and escalate concerns to the supervisor for immediate resolution. They process paperwork accordingly upon coordinating with the patients and attending health professionals. An insurance verification specialist must have excellent communication and organizational skills, finishing administrative tasks efficiently under minimal supervision.
Referral specialists and insurance verification specialists have different pay scales, as shown below.
| Referral Specialist | Insurance Verification Specialist | |
| Average salary | $36,143 | $33,043 |
| Salary range | Between $29,000 And $43,000 | Between $28,000 And $37,000 |
| Highest paying City | Washington, DC | Madison, WI |
| Highest paying state | Connecticut | New Hampshire |
| Best paying company | Cognizant | St. Luke's Cataract & Laser Institute |
| Best paying industry | Non Profits | Pharmaceutical |
There are a few differences between a referral specialist and an insurance verification specialist in terms of educational background:
| Referral Specialist | Insurance Verification Specialist | |
| Most common degree | Bachelor's Degree, 44% | Associate Degree, 27% |
| Most common major | Business | Health Care Administration |
| Most common college | - | University of Pennsylvania |
Here are the differences between referral specialists' and insurance verification specialists' demographics:
| Referral Specialist | Insurance Verification Specialist | |
| Average age | 49 | 46 |
| Gender ratio | Male, 15.3% Female, 84.7% | Male, 11.4% Female, 88.6% |
| Race ratio | Black or African American, 9.6% Unknown, 3.8% Hispanic or Latino, 12.0% Asian, 3.8% White, 70.6% American Indian and Alaska Native, 0.4% | Black or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.1% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 9% | 7% |