The Insurance Executive will oversee end-to-end insurance operations including pre-authorization, claim submission, and settlement processes. This requires strong knowledge of insurance procedures, documentation accuracy, and the ability to handle multiple cases efficiently.
Roles and Responsibilities:
- Handle insurance and TPA-related processes for IPD and OPD patients.
- Process pre-authorization requests and ensure timely approvals.
- Coordinate with insurance companies and TPAs for claim processing.
- Verify patient insurance details, coverage, and eligibility.
- Ensure accurate and complete documentation for all insurance cases.
- Follow up on pending approvals, queries, and claim settlements.
- Coordinate with billing, front office, and clinical departments for required documents.
- Ensure timely submission of claims and minimize rejections.
- Resolve issues related to insurance claims and patient queries.
- Maintain records of all insurance transactions and documentation.
- Ensure compliance with insurance policies, guidelines, and hospital protocols.
- Assist in reconciliation of claims and payments with accounts team.
- Support audit requirements and ensure insurance records are audit-ready.
- Maintain confidentiality of patient and insurance information.
- Track claim status and provide regular updates to patients and management.
- Coordinate discharge process for cashless patients smoothly.
- entify discrepancies and take corrective actions promptly.
- Maintain updated knowledge of insurance policies and TPA guidelines.
- Ensure proper communication with patients regarding approvals and coverage.
- Work closely with corporate relations and TPA desk for smooth operations.
- Prepare daily and monthly reports related to insurance cases.
- Handle multiple cases efficiently under time constraints.
- Maintain professionalism and customer-centric approach.
- Participate in training programs and process improvement initiatives.
- Contribute to enhancing overall patient experience and revenue cycle efficiency.