Humana

Risk Management Professional

Kentucky, United States

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Health Insurance, HealthcareIndustries

Claims Risk Management Professional

Employment Type: Full-time

Position Overview

Become a part of our caring community and help us put health first. The Claims Risk Management Professional is responsible for ensuring payment quality of claims in accordance with TRICARE policy requirements. This role involves reviewing pre-payment, high dollar claims to assess payment accuracy and identify potential claim payment risks. The Claims Risk Management Professional is expected to provide accurate, actionable, and thorough feedback by completing high-dollar pre-pay reviews daily. Audit results are shared with operational areas to help mitigate organizational risk and support quality-related goals. The incumbent will regularly exercise discretion and judgment in prioritizing requests, and will interpret and adapt procedures, processes, and techniques while working under limited guidance, leveraging previous experience and organizational knowledge.

Key Accountabilities

  • Utilize strong analytical, technical, and communication skills, as well as a comprehensive understanding of TRICARE policies, to conduct daily high dollar claim quality audit reviews.
  • Responsibilities include making approval and processing determinations for payment release, conducting focused claim studies, and performing duplicate claim detection through the DHA Duplicate Claims System (DCS).
  • Research and review claims for internal focus audits to identify potential payment error risks, areas for improvement, and possible system issues. These activities support the mitigation of financial risk and help ensure quality standards are met for quarterly and annual government audits.
  • This process is conducted in accordance with organizational procedures for claims risk management and supports compliance with TRICARE policy requirements.
  • Develop and recommend controls and cost-effective approaches to minimize claims processing risks.
  • Perform advanced administrative/operational/customer support duties that require independent initiative and judgment.
  • Assist in special projects as directed by Department Management.

Use your skills to make an impact.

Requirements

  • Required Qualifications:
    • Our Department of Defense contract requires U.S. Citizenship.
    • Successfully receive interim approval for government security clearance (NBIS - National Background Investigation Services).
    • HGB is not authorized to do work in Puerto Rico per our government contract. We are not able to hire candidates that are currently living in Puerto Rico.
    • 2 years TRICARE claims experience to include professional and institutional claims reimbursement.
    • Strong knowledge of TRICARE policy and claims processing.
  • Preferred Qualifications:
    • Bachelor’s degree.

Work at Home Requirements

  • At minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps is recommended; wireless, wired cable or DSL connection is suggested.
  • Satellite, cellular and microwave connection can be used only if approved by leadership.
  • Associates who live and work from Home in the states of California, Illinois, Montana, or South Dakota will be provided a bi-weekly payment for their internet expense.
  • Humana will provide Home or Hybrid Home/Office associates with telephone equipment appropriate to meet the business requirements for their position/job.
  • Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information.
  • Travel: While this is a remote position, occasional travel to Humana's offices for training or meetings may be required.

Compensation

  • Scheduled Weekly Hours: 40
  • Pay Range: $65,000 - $88,600 per year
    • The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.
  • This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.

Company Information

Humana, Inc. and its aff...

Skills

Claims processing
Risk management
TRICARE policy
Audit
Analytical skills
Communication skills
Problem-solving
DHA Duplicate Claims System (DCS)

Humana

Health insurance provider for seniors and military

About Humana

Humana provides health and well-being services, focusing on Medicare Advantage plans for seniors, military personnel, and communities. Their plans include HMO, PPO, and PFFS options, designed to improve health outcomes through comprehensive and flexible coverage. Humana's revenue comes from government contracts and member premiums, and they aim to maintain high renewal rates by offering quality service and competitive benefits. The company stands out by fostering a culture of inclusivity and belonging among its employees, while also ensuring accessibility for all members, including offering free language interpreter services. Humana's goal is to deliver value to its members through an extensive provider network and innovative health solutions.

Louisville, KentuckyHeadquarters
1961Year Founded
IPOCompany Stage
Social Impact, HealthcareIndustries
10,001+Employees

Risks

Potential over-reliance on AI could disrupt operations if systems fail or are compromised.
Rising medical costs and tightening Medicare reimbursements may strain financial performance.
Leadership change with new CEO Jim Rechtin could lead to strategic disruptions.

Differentiation

Humana is a leader in Medicare Advantage plans, focusing on seniors and military personnel.
The company emphasizes inclusivity, offering free language interpreter services for accessibility.
Humana leverages AI and cloud technologies through a partnership with Google Cloud.

Upsides

Humana's investment in Healthpilot enhances digital enrollment for Medicare options.
The company is the first insurer to cover TMS therapy for adolescent depression.
Humana's focus on value-based care aims to improve outcomes for kidney disease patients.

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