How much does an Insurance Verification Specialist make in the United States? The average Insurance Verification Specialist salary in the United States is $39,723 as of April 27, 2020, but the range typically falls between $34,834 and $44,301. 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.
Job Description for Insurance Verification Specialist
Insurance Verification Specialist is responsible for the pre-verification of insurance for patients being admitted into the hospital for care. Ensures insurance coverage by telephone, resolves any issues with coverage and escalates complicated issues to a supervisor or manager. Being an Insurance Verification Specialist interviews patients and completes all paperwork necessary to ensure the admitting process is efficient and all hospital and regulatory policies are in compliance. May require a bachelor's degree in area of specialty. Additionally, Insurance Verification Specialist typically reports to a supervisor or manager. To be an Insurance Verification Specialist typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2020 Salary.com)... View full job description
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Verification Specialist in the United States. The base salary for Insurance Verification Specialist ranges from $34,834 to $44,301 with the average base salary of $39,723. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $35,183 to $44,319 with the average total cash compensation of $39,858.