Verification of Benefits Specialist
Beacon Behavioral Partners · Plano, TX · 3 wk ago
On-siteHuman ResourcesFull-time
Essential Duties and Responsibilities
- Verify patient insurance eligibility and benefits using online payer portals, phone calls to insurance companies, and other available resources.
- Accurately document patient coverage details, including plan type, effective dates, mental health and substance abuse benefits, and any limitations or exclusions, in the practice management (PM) system.
- Verify patient cost-sharing information, such as copayments, deductibles, coinsurance, and out-of-pocket maximums.
- Communicate any eligibility issues, discrepancies, or lack of coverage to the front office staff and relevant team members promptly and clearly.
- Collaborate with the billing department to resolve insurance-related issues and ensure accurate claim submissions.
- Provide excellent customer service to patients by answering inquiries regarding insurance benefits and cost-sharing responsibilities.
- Maintain up-to-date knowledge of insurance requirements and regulations across multiple states.
- Stay informed about changes in payer policies and procedures.
- Maintain accurate records of all verification activities.
- Adhere to HIPAA privacy and security regulations.
- Perform other related duties as assigned.
Qualifications
- High school diploma or equivalent required; Associate's degree or some college preferred.
- Minimum of 2 years of experience in healthcare insurance verification, billing, or a related field.
- Experience with electronic health records (EHR) and practice management (PM) systems.
- Strong understanding of insurance terminology, benefits, and claims processing.
- Proficiency in navigating payer portals and using phone systems to verify benefits.
- Excellent communication (written and verbal) and interpersonal skills.
- Ability to work independently and as part of a team.
- Strong attention to detail and organizational skills.
- Ability to prioritize and manage multiple tasks in a fast-paced environment.
- Knowledge of HIPAA regulations.
- Experience with multi-state insurance verification is a plus.
- Experience with behavioral health billing is a plus.
Skills
- Insurance Verification
- Benefits Investigation
- Payer Portal Navigation
- Phone Communication
- Data Entry
- Customer Service
- Problem-Solving
- Time Management
- Organization
- HIPAA Compliance