Medical Insurance Specialist - (Fairbanks, AK)

Position description Responsible for verification of patients' Eligibility and Benefits Verification and Authorization. Contacts insurance companies to determine applicable healthcare benefits to coordinate financial responsibility for medical services. Contacts patients regarding collections of deductibles/ co-insurance/ co payments and coordinates collection of these payments with front desk. Generates and processes on demand patient responsibility statements Assists patients with claim and benefit inquiries and financial arrangements. Conducts Authorizations and Pre Payment Medical Justifications Conducts patient Pre Registered and Identifies and advises patients of financial responsibilities Analyzes patient accounts to determine financial responsibility and collection activity Prepare A/R aging reports and analysis Identifies and processes collection accounts Coding background required Full understanding of charge and payment processing and payer guidelines Demonstrated knowledge of financial counseling