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Claims Benefit Specialist

Claims Benefit Specialist

CompanyCVS Health
LocationFranklin, TN, USA
Salary$17 – $28.46
TypeFull-Time
Degrees
Experience LevelJunior

Requirements

  • 1-2 Years within the following; Experience in a production environment.
  • Demonstrated ability to handle multiple assignments competently, accurately and efficiently.
  • Oral and written communication skills.
  • Ability to maintain accuracy and production standards.
  • Technical skills.
  • Analytical skills.

Responsibilities

  • Reviews and adjudicates complex, sensitive, and/or specialized claims in accordance with claim processing guidelines.
  • Acts as a subject matter expert by providing training, coaching, or responding to complex issues.
  • May handle customer service inquiries and problems.
  • Reviews pre-specified claims or claims that exceed specialist adjudication authority or processing expertise.
  • Applies medical necessity guidelines, determines coverage, completes eligibility verification, identifies discrepancies, and applies all cost containment measures to assist in the claim adjudication process.
  • Handles phone and written inquiries related to requests for preapprovals/pre-authorizations, reconsiderations, or appeals.
  • Ensures all compliance requirements are satisfied and that all payments are made against company practices and procedures.
  • Identifies and reports possible claim overpayments, underpayments and any other irregularities.
  • Performs claim re-work calculations.
  • Makes outbound calls to obtain required information for first claim or reconsideration.
  • Trained and equipped to support call center activity if required, including general member and/or provider inquiries.

Preferred Qualifications

  • 2+ years claim processing experience.
  • Understanding of medical terminology.
  • Strong knowledge of benefit plans, policies and procedures.