Senior Claim Benefit Specialist – Checkwork, Refund

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Where this job comes from

Posted on CVS Health's careers page ↗CVS Health's careers page, not through a job board

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Logo of CVS Health

CVS Health

10,000+ employees

Founded 1963

🏥 Healthcare

⚕️ Healthcare Insurance

🛒 Retail

Healthcare • Healthcare Insurance • Retail

CVS Health is a leading American healthcare company dedicated to improving health access and affordability. The company focuses on a comprehensive approach that includes health services, health insurance, and pharmacy benefits management. Through its subsidiaries, such as Aetna and CVS Caremark, CVS Health offers a range of services that facilitate wellness, condition management, and affordable prescription drug coverage. CVS Health operates neighborhood pharmacies, provides mail-order pharmacy services, and manages specialty medication programs, aiming to make healthcare convenient and accessible for everyone. Driven by a mission to connect people with essential care services, CVS Health is committed to fostering healthier communities and supporting the wellbeing of all individuals.

📋 Description

• Review and complete provider-solicited and unsolicited overpayment refunds and returned checks • Research, resolve, and adjudicate complex, sensitive, and/or specialized medical claims • Partner with key business functions to ensure accurate posting of overpayment refunds • Reconcile discrepancies and respond to internal and provider inquiries • Process complex, non-routine provider refunds and returned checks • Review and interpret contract language to validate overpayments and allocate refund checks appropriately • Apply medical necessity guidelines, determine coverage, complete eligibility verification, identify discrepancies, and implement cost-containment measures • Ensure compliance requirements are met and payments and refunds follow company policies and procedures • Perform claim rework calculations and adjustments across all dollar amounts • Resolve medical claim overpayments, underpayments, and other irregularities • Respond to inquiries related to preapprovals, prior authorizations, reconsiderations, and appeals • Review assigned claims data-mining work and complete resulting adjustments • Process medical claim adjustments on customer service platforms • Provide overpayment refund training, mentoring, and job-shadowing support to less experienced colleagues as assigned • Utilize resource materials and tools to manage responsibilities • Handle assigned customer service inquiries and issues

🎯 Requirements

• 3+ years of medical claims processing experience • 2+ years of hands-on claim adjustment and rework experience • 2+ years of experience in a production environment with volume and accuracy standards • Demonstrated experience researching and resolving claim issues from initiation through resolution • Ability to interpret and apply guidelines related to eligibility, coverage, and benefits • Strong attention to detail • High school diploma or equivalent required • Preferred: experience reviewing and researching overpayment refunds • Preferred: DG system claims processing experience • Preferred: ability to manage multiple assignments accurately and efficiently • Preferred: effective communication, organizational, and interpersonal skills • Preferred: familiarity with overpayment recovery processes

🏖️ Benefits

• CVS Health bonus, commission or short-term incentive program in addition to base pay • Medical coverage • Dental coverage • Vision coverage • Paid time off • Retirement savings options • Wellness programs • Other resources supporting physical, emotional, and financial well-being

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