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Worker's compensation claims examiner vs claims analyst

The differences between workers's compensation claims examiner and claims analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a worker's compensation claims examiner and a claims analyst. Additionally, a worker's compensation claims examiner has an average salary of $53,581, which is higher than the $48,398 average annual salary of a claims analyst.

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

Worker's compensation claims examiner vs claims analyst overview

Worker's Compensation Claims ExaminerClaims Analyst
Yearly salary$53,581$48,398
Hourly rate$25.76$23.27
Growth rate-6%-6%
Number of jobs15,00222,062
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 52%
Average age4444
Years of experience66

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.

What does a claims analyst do?

A claims analyst specializes in processing medical insurance claims. They are primarily responsible for verifying the authenticity and eligibility of claims, analyzing the billing, communicating with policyholders, and ensuring adherence to all the policies and regulations during the entire procedure. Furthermore, a claims analyst is also in charge of administrative tasks such as keeping and updating records, reaching out and sending reports to creditors, setting appointments and schedules, processing paperwork, coordinating with key personnel, and discussing terms and necessary information to clients.

Worker's compensation claims examiner vs claims analyst salary

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

Worker's Compensation Claims ExaminerClaims Analyst
Average salary$53,581$48,398
Salary rangeBetween $33,000 And $84,000Between $29,000 And $78,000
Highest paying CitySan Francisco, CATrenton, NJ
Highest paying stateCaliforniaNew Jersey
Best paying companyZurichGoogle
Best paying industryFinance-

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

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

Worker's Compensation Claims ExaminerClaims Analyst
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Worker's compensation claims examiner vs claims analyst demographics

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

Worker's Compensation Claims ExaminerClaims Analyst
Average age4444
Gender ratioMale, 25.0% Female, 75.0%Male, 27.6% Female, 72.4%
Race ratioBlack 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%Black or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.3% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

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

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

Claims analyst example responsibilities.

  • Help managed meetings regarding decision making on CMS regulations.
  • Process UB's and HCFA's according to guidelines.
  • Analyze and investigate medical claims utilizing ICD-9 and CPT-4 coding.
  • Review claims (HCFA and UB) for accurate billing submission.
  • Interpret medical reports to apply appropriate ICD-9, CPT-4 and HCPCS codes for member submit claims.
  • Acquire biometrics and perform phlebotomy.
  • Show more

Worker's compensation claims examiner vs claims analyst skills

Common worker's compensation claims examiner skills
  • Rehabilitation, 22%
  • Social Security, 16%
  • Litigation, 15%
  • Medical Management, 9%
  • Workers Compensation Claims, 9%
  • TPA, 4%
Common claims analyst skills
  • Customer Service, 14%
  • Medical Terminology, 5%
  • CPT, 5%
  • Process Claims, 5%
  • Medicaid, 5%
  • Data Entry, 5%

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