Insurance Verification Executive

Are you looking for a challenging and rewarding career in the healthcare industry? Medtronic is seeking a dynamic and detail-oriented Insurance Verification Executive to join our team. As an Insurance Verification Executive, you will play a critical role in ensuring that our patients receive the necessary medical treatments and procedures by verifying insurance coverage and securing payment. We are looking for candidates who are dedicated, customer-focused, and have a strong understanding of insurance policies and procedures. If you are passionate about helping others and thrive in a fast-paced environment, we want to hear from you!

1. Verify insurance coverage for patients: The primary responsibility of an Insurance Verification Executive is to verify the insurance coverage of patients to ensure that they are eligible for the medical treatments and procedures offered by Medtronic.
2. Secure payment: The Insurance Verification Executive will be responsible for securing payment from insurance providers by submitting accurate and timely claims and following up on any outstanding payments.
3. Maintain accurate records: It is essential for an Insurance Verification Executive to maintain accurate records of all insurance verifications and payments to ensure proper documentation and billing.
4. Communicate with patients and insurance providers: The Insurance Verification Executive will be responsible for communicating with patients and insurance providers to obtain necessary information and resolve any issues related to insurance coverage and payment.
5. Stay updated on insurance policies and procedures: The role requires the candidate to have a strong understanding of insurance policies and procedures, and they should stay updated on any changes or updates to ensure accurate verification and billing.
6. Collaborate with healthcare providers: The Insurance Verification Executive will work closely with healthcare providers to gather necessary information and ensure that patients receive the necessary medical treatments and procedures.
7. Adhere to compliance and privacy regulations: It is the responsibility of an Insurance Verification Executive to adhere to all compliance and privacy regulations while handling sensitive patient information.
8. Provide exceptional customer service: The Insurance Verification Executive should be dedicated to providing exceptional customer service to patients and insurance providers by addressing any concerns or inquiries in a timely and professional manner.
9. Meet performance goals: The candidate should strive to meet performance goals set by the company, such as verifying a certain number of insurance coverages per day or securing a specific amount of payments.
10. Continuously improve processes: The Insurance Verification Executive should constantly review and improve processes to ensure efficiency and accuracy in insurance verification and payment procedures.

According to JobzMall, the average salary range for a Insurance Verification Executive in Pune, Maharashtra, India is between ₹ 2,00,000 - ₹ 4,00,000 per year. This can vary depending on factors like experience, education, and specific job responsibilities within the role.

Medtronic plc is the world's largest medical device company that generates the majority of its sales and profits from the US healthcare system and is headquartered on the island of Ireland.