COB & Recovery Analyst
About The Position
Network Health is seeking a COB and Recovery Analyst who will use their advanced knowledge of refunds and recoveries and Medicare Part D coordination of benefits to maintain and drive improvements to our refund and recovery operations and Medicare Part D COB process. Individuals in this role will help develop departmental policies and procedures to be followed. Investigates potential refunds and processes requests from Providers and Members due to overpayment or inaccurate payments due to COB or various other reasons. Medicare Part D COB is responsible for accurate coordination to ensure our PBM has correct information, preventing members from prescription delays.
Requirements
- Minimum of 3 years combined operations/customer service experience within the health insurance industry
- 1-3 years COB, Claims, Refunds and Recoveries or related work
- Excellent communication, critical thinking, and decision-making skills
- Proficiency in MS Word, Excel, Outlook
- Working knowledge of COB, MSP and Medicare Part D
Nice To Haves
- Knowledge of process improvement/maximum operational efficiency preferred
Responsibilities
- Maintain reports for tracking voluntary refunds, recoup requests and the negative vendor report
- Keeps current on all business programs, including, products offered, group contracts and certificates, provider discounts, percentages and per diems, authorizations, and other utilization management policies, etc.
- Acts as a liaison between Payment Integrity and other operational departments for claim recovery issue resolution.
- Reviews and follows up on open work items to ensure resolution is within established timeframes
- Works closely with refunds and recoveries to identify root-cause for COB related refunds and recoveries
- Assumes responsibility for accuracy, timeliness and efficiency of COB claims following established guidelines
- Assist other departments with COB/Medicare Part D appropriate claims payment questions and helps resolve claims adjudication disputes related to COB
- Identifies and reports issues with COB/MSP identification or processing training and assists in addressing COB training opportunities.
- Works professionally with members, employers, providers, other insurance carriers and CMS with regard to verification and update of member information to ensure accuracy
- Manage monthly and annual Medicare Part D letters and corresponding updates with ESI
- Responsible for complete and accurate documentation of all information received in all applicable member records and databases
- Assists leadership in decision-making and provides all relevant information accurately and timely
- Ensures department desk procedures related to role are current and complete
- Review and respond to CMS Demand Letters for group health plans
- Assists in addressing training opportunities
- Actively participates in shared accountability and commitment for departmental and organization-wide results. Support departmental/team goals and objective
Benefits
- paid to volunteer in your local neighborhood
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
