MEDICAL INSURANCE SPECIALISTS (ADMINISTRATIVE MEDICAL CAREERS) California Occupational Guide Number 2002A (part) Interest Area: Emerging Occupations 1996
Medical Insurance Billing Specialists work in the hospitals, doctors' and insurance companies' offices. They analyze patient records to determine legitimacy of admission, treatment and length of stay in the health-care facility, and verify that the patient's costs are covered by either a government agency or a medical insurance company. Medical Insurance Billing Specialists create fee schedules for patients who cannot afford to pay the bill right away and keep track of those schedules until the amount due is paid. Private Health-Care Cost Managers are consultants who contract with private companies and help them reduce their health-care costs. The Managers contact hospitals and doctors to provide treatment at discounts and design ways for employees to pay for more of their own medical costs. Health-Care Cost Managers recommended cost reducing ideas like company owned pharmacies that provide prescriptions at a lower cost and corporate wellness programs.
Wage data are not available for Medical Insurance Specialists, however 1993 hourly wages from selected areas for Medicine and Health Service Managers (a closely-related occupation) were as follows: No experience $11.00-17.00 per hour Experienced $13.00-24.00 per hour Over 3 years experience $16.00-35.00 per hour
Skills - Understand and use advanced math and statistics - Interact with many kinds of people - Gather, interpret, use, and report data - Devise and evaluate procedures - Set goals to be accomplished Training/Requirements - Master's Degree in Business or Public Health - Be familiar with hospital rules and insurance company policies - Hospital or HMO administration experience
DOT (Dictionary of Occupational Titles, 4th Ed., Rev. 1) Not available for this occupation. OES (Occupational Employment Survey (System) Not available for this occupation.
Source: State of California, Employment Development Department, Labor Market Information Division, Information Services Group, (916) 262-2162
Home