Insurance Administrator I

Posted 21 Hours Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
Junior
Healthtech • Other • Biotech
The Role
The Insurance Administrator I role involves verifying patient insurance benefits, performing insurance-related tasks, and ensuring timely order processing while maintaining effective communication with internal and external stakeholders. The position requires attention to detail, strong organizational skills, and the ability to manage multiple priorities while adhering to compliance standards.
Summary Generated by Built In

Why Orthofix?

Guided by our organizational values – Take Ownership | Innovate Boldly | Win Together – we collaborate closely with world-class surgeons and other partners to improve people’s quality of life. At Orthofix, we want team members who build relationships and share knowledge, challenge the status quo, and deliver results every day to help us achieve our vision to be the unrivaled partner in Med Tech.  

Our global team of over 1,600 employees brings to market highly innovative, cost-effective, and user-friendly medical technologies that heal musculoskeletal pathologies for patients and the healthcare professionals who treat them. Looking to change people’s lives? Look no further.

How you'll make a difference? 

Orthofix's Insurance Administration Team is responsible for verifying patient insurance benefits coverage for our bone growth therapy devices. To learn more about bone growth therapy and see how we are changing lives, please visit http://www.bonestimulation.com.

What will be your Duties and Responsibilities?

  • Perform a wide variety of duties of an Insurance nature requiring initiative and a degree of judgment in solving problems.
  • Research and provide current guidelines and medical policies to Insurance Administration. Communicate any changes to management.
  • Build and maintain professional communication levels with corporate accounts, territory managers, region managers, case managers, adjustors, medical directors, business partners, and internal management.
  • Back up region(s) as necessary to maintain desired turnaround time for order processing.
  • Fax accurate and thorough pre-authorization request letters.
  • Ensure that order updates incorporate department standards.
  • Perform final analysis of order prior to release; review for accuracy and content.
  • Forward, identify, and recommend to Corporate Accounts contracting opportunities.
  • Determine revenue amounts based on allowable, benefits, unit price, payer guidelines, co-payment and booking policy.
  • Perform daily analysis of call sheet, validation, and weekly analysis of UTB and open order report.
  • Support the sales force on a daily basis: communication, updating orders, assisting, directing, and providing positive direction and feedback.
  • Critique prescriptions, letters of medical necessity and/or chart notes for consistent and complete medical information.
  • Verify benefits, sell medical necessity, negotiate coverage and pricing for the purchase of Orthofix products.
  • Communicate with internal and external associates regarding order process and payer trends (implement appropriate corrective action as needed).
  • Participate and assume an active role in department solutions and processes.
  • Communicate and escalate business concerns to management when appropriate.
  • Reinforce department standards, support through positive and solution-oriented communication.
  • Utilize and maintain department reports that provide order feedback and status.
  • Prioritize work assignments to meet deadlines.
  • Provide timely feedback and action to ensure company and patient requirements are met and addressed with a sense of urgency.
  • Stay current with products, competition, and clinical studies.
  • Reinforce training and insurance follow up to maximize company profitability.
  • Co-travel as available to increase/maintain relationships; attend seminars; attend region meetings.
  • Special projects, as assigned.
  • Timely completion of all corporate wide and departmental training.
  • Understand and promote Compliance adherence.
  • Regular attendance required.

What skills you'll need?

  • 1-2 years of Medical Health Insurance experience preferred or 1-2 years of Orthofix Order to Cash experience
  • Demonstrate teamwork behaviors by positively contributing to team culture while abiding by Orthofix Code of Conduct
  • Strong time management, organizational, verbal and written skills
  • Strong knowledge of insurance companies and associated contract types (i.e., HMO, Auto, PPO, POS)
  • Ability to handle multiple priorities at moderate assignment volume while meeting all deadlines and maintaining high standards of work quality
  • Detail oriented with emphasis on quality and timeliness
  • Ability to promote logic/thought.
  • Ability to adapt to fast changing priorities with ease and confidence while supporting management decisions.
  • Project a professional image.
  • Excellent knowledge of anatomy, products and related clinical studies.
  • Innovative thinker with good judgment, analytical and decision-making skills.
  • Excellent work ethic - supervision is minimal, yet assistance will be readily available as needed from leadership team
  • Strong utilization of computer skills. Able to run various programs with ease.
  • 2 year College degree preferred.

Physical Demands and Work Conditions:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Regularly required to sit for extended periods of time; frequently required to stand, walk and use business equipment daily such as P.C., copier, fax, telephone, etc.
  • Eyesight and hearing must be correctable to standard level.
  • Telephone usage will be approximately 90% daily.
  • Ability to deal effectively with specific elements of the position, such as: frequently changing deadlines, periodic heavy workloads, and dynamic business growth.

The anticipated base hourly rate for this position is $24 to $26 per hour [plus bonus, and benefits] The final pay offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and years of experience within the job, the type and years of experience within the industry, education, etc. 


DISCLAIMER

The duties listed above are intended only as representation of the essential functions of this position. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. The job description does not constitute an employment agreement between the employer and employee and is subject to change at the sole discretion of the employer. Nothing in this document alters an employee’s at-will employment status.

We are committed to providing equal employment opportunities to all employees and applicants without regard to race (including traits historically associated with race, such as hair texture and protective hairstyles, including braids, locks, and twists), ethnicity, religion, religious creed (including religious dress and grooming practices), color, caste, sex (including childbirth, breast feeding, and related medical conditions), gender, gender identity or expression, sexual orientation, national origin, ancestry, citizenship status, uniform service member and veteran status, marital status, pregnancy, age (40 and over), protected medical condition (including cancer and genetic conditions), genetic information, disability (mental and physical), reproductive health decision-making, medical leave or other types of protected leave (requesting or approved for leave under the Family and Medical Leave Act or the California Family Rights Act), domestic violence victim status, political affiliation, or any other protected status in accordance with all applicable federal, state, and local laws.

This policy extends to all aspects of our employment practices including, but not limited to, recruiting, hiring, discipline, termination, promotions, transfers, compensation, benefits, training, leaves of absence, and other terms and conditions of employment.

The Company
HQ: Lewisville, TX
1,174 Employees
On-site Workplace
Year Founded: 1980

What We Do

Orthofix Medical Inc. began in a small farmhouse in Verona Italy in 1980 when orthopedic researcher Giovanni De Bastiani recognized the bone’s natural repair capability, a concept he called “dynamization.” With that in mind, he created the first external fixation device. Today, Orthofix has grown to more than 1,200 employees with locations in the U.S., Italy, Germany, France, the U.K., Brazil, and Australia. Our products help patients in more than 70 countries around the world.

The Company’s mission is to deliver innovative, quality-driven solutions as we partner with health care professionals to improve patient mobility. Headquartered in Lewisville, Texas, the company has two strategic business units: Spine and Orthopedics. Orthofix products are widely distributed via the company's sales representatives and distributors. In addition, Orthofix is collaborating on research and development activities with leading clinical organizations such as MTF Biologics, the Orthopedic Research and Education Foundation, and the Texas Scottish Rite Hospital for Children.​

Orthofix makes a difference in the lives of others by providing our surgeon customers with innovative medical devices to meet the needs of their patients. Every day we are optimizing our operations, improving efficiencies, and examining our systems to provide the best support possible to our representatives, surgeons and patients.

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