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Salary and Benefits

Insurance Verification Specialist
$34K-$42K / yr. (est.)
$35K
$38,835 / year
$43K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Insurance Verification Specialist

What does an Insurance Verification Specialist do?

As Insurance Verification Specialists, we verify insurance coverage information of customers. It is our job to communicate with concerned insurance company to verify insurance benefits of a customer. We interview customers to gather vital information used in preparation of required paperwork. It is our job to maintain record of customers availing benefits through an insurance. We convey verified data and restrictions to fellow staff members to provide appropriate services. We are responsible for maintaining confidentiality of sensitive information of customers. Ensuring compliance to laws and regulations is our responsibility. We also review and resolve any payer issues and complaints. We make sure that the insurance process coverage process is completed in a timely manner.

Core tasks:

  • review and verify information for coverage of insurance benefits
  • protect sensitive customer information and ensure its integrity
  • resolve any issues and complaints regarding coverage
  • prepare necessary paperwork concerning coverage and its verification

Insights

How Many Years of Experience Do Professionals Need Before Becoming Insurance Verification Specialist?
On average, people work 5-7 years in other positions prior to becoming a Insurance Verification Specialist.
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Insurance Verification SpecialistHouston, TX - A year ago
šŸ˜¤ This seems like another way for employers to take advantage of their workers, making them waste years in unrelated roles before getting to the job they actually want.
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Insurance Verification SpecialistPhiladelphia, PA - A year ago
šŸ™„ Why would anyone bother working for 5-7 years in other unrelated jobs just to become an Insurance Verification Specialist? I'd rather explore other career options.
How Long Do Insurance Verification Specialist Employees Typically Stay in Their Roles?
On average, Insurance Verification Specialists works in this position for 1-3 years across multiple employers.
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Medical Billing SpecialistHouston, TX - A year ago
I've noticed that some Insurance Verification Specialists lack the knowledge and training to navigate tricky insurance claims. Shouldn't there be stricter requirements for this role? šŸ˜”
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Healthcare AdministratorNew York City, NY - A year ago
It's concerning that Insurance Verification Specialists with minimal experience handle sensitive patient information, risking privacy breaches. Stronger protocols must be implemented ASAP. šŸ˜ 
What Is the Job Hopper Score for Insurance Verification Specialist Employees?
Moderate job changes in Insurance Verification Specialist, showing some career movement without excessive turnover.
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HR ManagerHouston, TX - A year ago
It's disheartening to see such high turnover in Insurance Verification. We should invest in continuous training and development opportunities to retain talented individuals.
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Patient AdvocateMiami, FL - A year ago
Wow, šŸ˜® I didn't realize that job changes were so frequent in Insurance Verification. We must advocate for better work-life balance and a healthier work environment.

Career path

Path to job

Discover a Insurance Verification Specialist's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Insurance Verification Specialist typically studied at.
Central Piedmont Community College
DeVry University-Arizona

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Insurance Verification Specialist Employees?
Gender ratio in Insurance Verification Specialist position: 0.326086956521739 Male and 0.673913043478261 Female. Age ratio in Insurance Verification Specialist position: 16-20: 13%, 21-30: 63%, 31-40: 14%, 41-50: 7%, 51-60: 3%, 60+: 0%. Insurance Verification Specialist position is predominantly female (67.4%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Insurance Verification SpecialistPhiladelphia, PA - A year ago
It is alarming to see the lack of diversity in age groups in this field. šŸ˜³
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Insurance Verification SpecialistPhoenix, AZ - A year ago
I find it concerning that the majority of individuals in this role fall within the 21-40 range šŸ‘€

Workplaces

Who Are the Top Employers for Insurance Verification Specialist?
Top employers of Insurance Verification Specialist position: AllianceRx Walgreens Prime, AmerisourceBergen Corporation, CVS Health. People who work in Insurance Verification Specialist position most typically go on to work for the AllianceRx Walgreens Prime.
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Insurance Verification SpecialistChicago, IL - A year ago
CVS Health is the top employer for Insurance Verification Specialists! They offer competitive salaries and a wide range of benefits!
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Insurance Verification SpecialistHouston, TX - A year ago
You're all wrong! I work for CVS Health, and it's a disaster! Terrible management and low pay. AllianceRx Walgreens Prime is the real deal!
AllianceRx Walgreens Prime
AmerisourceBergen Corporation
CVS Health
What Industries Does Insurance Verification Specialist Typically Have Experience In?
Industry Background: The most typical industries of Insurance Verification Specialist: Health Care, Professional / Scientific / Technical, Finance & Insurance, Manufacturing, Retail. Insurance Verification Specialist employees most likely come from a Health Care industry background.
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Insurance Verification SpecialistHouston, TX - A year ago
Well, maybe they can learn on the job, but candidates with a Health Care background have a clear advantage!
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Insurance Verification SpecialistPhiladelphia, PA - A year ago
What about the Professional / Scientific / Technical industry? Would that provide a similar advantage?

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Discussion about Insurance Verification Specialist

Want to know more about Insurance Verification Specialist position?
Share your thoughts and ideas about Insurance Verification Specialist position with others in our community.
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Do a lot of women work as an Insurance Verification Specialist?
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Liam Brown3 years ago
65% are women in this profession.
What is the typical age to work as an Insurance Verification Specialist?
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Liam Brown3 years ago
The average age is 28
How much experience do you need to work as an Insurance Verification Specialist?
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Benjamin Gardner3 years ago
6 years of experience is needed on average for an Insurance Verification Specialist.
What industries does an Insurance Verification Specialist typically work in?
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Benjamin Gardner3 years ago
Health Care is typical for an Insurance Verification Specialist to work in.
Is a degree needed to work as an Insurance Verification Specialist?
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Benjamin Gardner3 years ago
No higher education is the typical for an Insurance Verification Specialist
As an Insurance Verification Specialist, which company should I definitely check out for jobs?
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Isabella Holmes3 years ago
AllianceRx Walgreens Prime, AmerisourceBergen Corporation, CVS Health, Lash Group and Novant Health has the most employees.
How many years do people work as an Insurance Verification Specialist before changing their role?
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Benjamin Gardner3 years ago
You should work for 2 years before considering changing to another role.
How frequently people change companies if they work as an Insurance Verification Specialist?
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Benjamin Gardner3 years ago
The job hopper score is medium for an Insurance Verification Specialist.
From which job titles people come from to work as an Insurance Verification Specialist?
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Liam Brown3 years ago
Most people come from Customer Service Representative or Administrative Assistant roles
What can be the next step in your career path from Insurance Verification Specialist?
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Sophie Hayes3 years ago
Customer Service Representative or Administrative Assistant are good next steps for an Insurance Verification Specialist
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