
Senior Claims Benefit Specialist
Posted 1 day ago

Posted 1 day ago
This is a fully remote position, open to applicants in New York.
• Review and modify claims for SF (self-funded), FI (fully insured), Reinsurance, and/or RX.
• Assess intricate, sensitive, and/or specialized claims in accordance with processing guidelines.
• Process refunds for providers and manage returned checks.
• Execute claim adjustments at all monetary levels utilizing technical expertise and claims processing knowledge.
• Implement medical necessity guidelines to ascertain coverage.
• Conduct eligibility verifications and identify any discrepancies.
• Employ cost containment strategies during the claim adjudication process.
• Perform recalculations on claims as necessary.
• Address claim overpayments, underpayments, and other inconsistencies.
• Analyze and interpret medical contract terms and provider agreements to validate overpayments and facilitate refund check allocation.
• Manage phone and written queries related to pre-approvals/pre-authorizations, reconsiderations, and appeals.
• Ensure adherence to compliance requirements and company payment policies.
• Review pertinent correspondence that may necessitate claim adjustments.
• Provide mentorship to less experienced staff when required.
• Utilize resource materials effectively to fulfill job responsibilities.
• Minimum of 2 years of experience in medical claim processing.
• Experience in a high-volume production setting.
• Proven capability to manage multiple tasks competently, accurately, and efficiently.
• Strong communication, organizational, and interpersonal skills.
• High School Diploma or GED required.
• Experience with DG system claims processing is preferred.
• An Associate degree is preferred.
• CVS Health bonus, commission, or short-term incentive program in addition to base salary.
• Medical coverage.
• Dental coverage.
• Vision coverage.
• Paid time off.
• Retirement savings options.
• Wellness programs.
• Additional resources supporting physical, emotional, and financial well-being, subject to eligibility.
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