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How much does a Insurance Verification Specialist I make in Germantown, MD? The average Insurance Verification Specialist I salary in Germantown, MD is $47,190 as of May 28, 2024, but the range typically falls between $43,490 and $52,990. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Insurance Verification Specialist I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Verification Specialist I Salary $40,121 Germantown,MD May 28, 2024
25th Percentile Insurance Verification Specialist I Salary $43,490 Germantown,MD May 28, 2024
50th Percentile Insurance Verification Specialist I Salary $47,190 Germantown,MD May 28, 2024
75th Percentile Insurance Verification Specialist I Salary $52,990 Germantown,MD May 28, 2024
90th Percentile Insurance Verification Specialist I Salary $58,271 Germantown,MD May 28, 2024
25% $43,490 10% $40,121 90% $58,271 75% $52,990 $47,190 50%(Median) Didn’t find job title? Click
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Job Description

The Insurance Verification Specialist I gathers pertinent information from patients, insurance carriers, financial counselors, and other staff to confirm the patient's financial obligations for services. Processes insurance pre-verification for hospital admissions or specialty service office visits. Being an Insurance Verification Specialist I verifies insurance coverage and obtains required authorizations when necessary. Acts as a liaison between hospitals, clinical staff, health plans, providers, and patients to process referrals. In addition, Insurance Verification Specialist I documents referrals, communications, actions, and other data in an information management system. Generates and distributes all applicable forms, notifications, and paperwork. Requires a high school diploma. Typically reports to a supervisor. Being an Insurance Verification Specialist I works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Working as an Insurance Verification Specialist I typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

Employers: Job Description Management Tool

Job Openings for Insurance Verification Specialist I in Germantown, MD
  • Job Description. Job Description. ROLE DESCRIPTION. The Carmen Moya Insurance Agency is searching for a competitive Producer who can recognize opportunitie...
    - 1 Day Ago
  • Job Description. Job Description. Our State Farm Agency is expanding and we are looking for a driven telemarketing professional. Insurance experience is no...
    - 2 Days Ago
  • Overview. The. Insurance Verification Specialist I (IVS I). will obtain, clarify, and confirm outpatient benefits, ensuring maximum and prompt payment of s...
    - 5 Days Ago
  • Overview. Avon-Dixon, an Alera Group Company is seeking a. Commercial Insurance Account Specialist. to join their Commercial Property & Casualty team. Are ...
    - 3 Days Ago
  • Personal Insurance Remarketing Specialist (hybrid or remote E.S.T.) Women are 16% less likely than men to apply to a job once theyve viewed it, but are 16%...
    - 3 Days Ago
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43490
52990
47190

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Includes base and annual incentives

 
 
 
43890
53890
47790
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Verification Specialist I in Germantown, MD. The base salary for Insurance Verification Specialist I ranges from $43,490 to $52,990 with the average base salary of $47,190. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $43,890 to $53,890 with the average total cash compensation of $47,790.
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43490
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About Germantown, Maryland    Germantown is an urbanized census-designated place in Montgomery County, Maryland. With a population of 90,676 as of 2013 U.S. Census Bureau estimates....More

Germantown, Maryland  area prices were up 1.3% from a year ago    View the Cost of Living in Germantown, Maryland

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