Centivo

Stop Loss Analyst

Remote

Centivo Logo
$65,000 – $70,000Compensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare InsuranceIndustries

Requirements

Candidates should possess 4 years of stop loss claims experience, prior experience handling first dollar payer insurance (medical healthcare claims), and an understanding of medical billing practices, CPT codes, revenue codes, and/or universal billing. An Associate’s degree is required, with a Bachelor’s degree preferred, along with detail-oriented skills, a high degree of accuracy, and the ability to multitask effectively. Strong problem-solving, decision-making, reporting, and analytical skills are also necessary, as is the ability to work independently, prioritize, organize, and meet deadlines, and demonstrate proficiency in Microsoft Excel.

Responsibilities

As a Stop Loss Analyst, you will serve as a key leader with ownership of end-to-end stop loss policy administration for Centivo’s self-funded clients, ensuring timely reporting and stop loss claim filing with various carriers. Responsibilities include monitoring members and clients approaching stop loss limits, generating reports, gathering supporting documentation, compiling claim filings, communicating with various departments and external vendors, validating filing denials, processing claims, determining eligibility, and elevating issues as needed. You will also perform other duties as assigned, contributing to the overall success of Centivo’s operations.

Skills

Stop Loss Claims
Medical Billing
CPT Codes
Revenue Codes
Universal Billing
Data Reporting
Analytical Skills
Problem-Solving
Decision-Making
Microsoft Excel

Centivo

Affordable health insurance with primary care focus

About Centivo

Centivo provides health insurance focused on making healthcare affordable and accessible. The company emphasizes primary care, offering free primary care services, no deductibles, and low, predictable copays to help keep its members healthier and reduce the need for hospital visits. Centivo generates revenue by charging employers for health plans provided to their employees, which leads to lower medical costs and increased usage of the plans. A key feature of Centivo's offering is its integrated virtual care service, allowing members to access care conveniently. The company is distinguished by its commitment to quality, curating providers based on strict price and quality standards, particularly in primary care. Centivo's goal is to enhance the member experience while lowering overall healthcare costs.

Key Metrics

Buffalo, New YorkHeadquarters
2017Year Founded
$183.7MTotal Funding
DEBTCompany Stage
Financial Services, HealthcareIndustries
201-500Employees

Benefits

Insurance: Medical, dental, vision, life & diability
401k plan
Access to a health savings account
Commuting and dependent care FSA
Competitive salary, bonus, & equity

Risks

Integration challenges with Eden Health may disrupt service delivery if not managed well.
Chronic shortages in primary care access could impact Centivo's care delivery model.
Increased competition from AI-driven startups may challenge Centivo's market position.

Differentiation

Centivo emphasizes primary care partnerships to coordinate healthcare needs effectively.
The company offers free primary care, no deductibles, and low, predictable copays.
Centivo integrates virtual care and mental health services for comprehensive healthcare solutions.

Upsides

Centivo raised $75M to expand affordable health plans amid rising U.S. healthcare costs.
Acquisition of Eden Health enhances Centivo's virtual care and mental health services.
Growing trend of virtual care aligns with Centivo's integrated virtual care service.

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