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Claims Benefit Specialist
Company | CVS Health |
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Location | Franklin, TN, USA |
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Salary | $17 – $28.46 |
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Type | Full-Time |
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Degrees | |
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Experience Level | Junior |
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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.