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Workers compensation coordinator vs claims analyst

The differences between workerss compensation coordinator 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 workers compensation coordinator and a claims analyst. Additionally, a workers compensation coordinator has an average salary of $61,323, which is higher than the $48,398 average annual salary of a claims analyst.

The top three skills for a workers compensation coordinator include OSHA, patients and rehabilitation. The most important skills for a claims analyst are customer service, medical terminology, and CPT.

Workers compensation coordinator vs claims analyst overview

Workers Compensation CoordinatorClaims Analyst
Yearly salary$61,323$48,398
Hourly rate$29.48$23.27
Growth rate7%-6%
Number of jobs22,91022,062
Job satisfaction--
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 52%
Average age4544
Years of experience66

What does a workers compensation coordinator do?

Workers compensation coordinators work with supervisors to identify incident causes and the best corrective actions. They train coordinators and supervisors on reporting and managing workers' compensation claims. Besides coordinating EHS committee meetings and managing EHS files, workers' compensation coordinators also manage workers' programs for hearing tests, safety glasses, and safety shoes. These professionals use the company credit card or purchasing system to order safety supplies. Also, they ensure workers get the needed care by partnering with medical providers and injured employees.

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.

Workers compensation coordinator vs claims analyst salary

Workerss compensation coordinator and claims analysts have different pay scales, as shown below.

Workers Compensation CoordinatorClaims Analyst
Average salary$61,323$48,398
Salary rangeBetween $41,000 And $91,000Between $29,000 And $78,000
Highest paying CityNew York, NYTrenton, NJ
Highest paying stateNew YorkNew Jersey
Best paying companyTeslaGoogle
Best paying industryFinance-

Differences between workers compensation coordinator and claims analyst education

There are a few differences between a workers compensation coordinator and a claims analyst in terms of educational background:

Workers Compensation CoordinatorClaims Analyst
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Workers compensation coordinator vs claims analyst demographics

Here are the differences between workerss compensation coordinator' and claims analysts' demographics:

Workers Compensation CoordinatorClaims Analyst
Average age4544
Gender ratioMale, 30.2% Female, 69.8%Male, 27.6% Female, 72.4%
Race ratioBlack or African American, 10.7% Unknown, 3.6% Hispanic or Latino, 15.4% Asian, 6.8% White, 63.1% American Indian and Alaska Native, 0.3%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 Percentage9%10%

Differences between workers compensation coordinator and claims analyst duties and responsibilities

Workers compensation coordinator example responsibilities.

  • Support, maintain and manage input of information into the automated HRIS system, and integrate HRIS with other systems.
  • Manage litigation, pay timely compensation, file necessary state forms timely, negotiate appropriate settlements within company assign authority.
  • Maintain employee records in ADP and PeopleSoft.
  • Create job codes using PeopleSoft; conduct periodic audits and analysis.
  • Act as liaison with third-party administrator (TPA) and insurance carrier.
  • Assist in the development of new applicant tracking system and HRIS database.
  • 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

Workers compensation coordinator vs claims analyst skills

Common workers compensation coordinator skills
  • OSHA, 10%
  • Patients, 10%
  • Rehabilitation, 7%
  • Data Entry, 7%
  • Insurance Adjusters, 4%
  • Patient Care, 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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