Independence Blue Cross · 17 hours ago
Investigative Support Specialist
Independence Blue Cross is seeking an Investigative Support Specialist to join their Corporate and Financial Investigations Department. This role involves safeguarding the integrity of Independence affiliates by investigating allegations of fraud, waste, and abuse in medical and pharmacy utilization, as well as performing proactive data analysis.
Health CareHealth InsuranceInsuranceMedical
Responsibilities
Research and resolve FWA allegations by reviewing claims and medical records for compliance with plan guidelines
Initiate claim retractions or corrections for billing/coding errors; escalate suspected fraud to Investigations
Handle Medicare-related allegations and report outcomes to MAG for subscriber notifications
Independently decide on claim adjustments, repayments, and referrals
Collaborate with senior analysts on proactive reviews, trend analysis, and provider audits
Utilize tools (Informant, Fraud Shield, INSINQ) to monitor claims, flag members, and analyze provider patterns
Manage recovery processes for overpayments and ensure accurate financial reporting
Monitor flagged accounts for potentially fraudulent activity for 90 days
Qualification
Required
3-5 years of relevant experience
High School degree or equivalent
Has in-depth knowledge in own discipline and extensive knowledge of related disciplines such as claims payment system, benefit analysis, medical policy, and provider contracts
Based on analysis and research, initiates claim offsets, retractions, and demand letters for provider repayment agreements
Solves complex problems; takes a new perspective on existing solutions such as claims payment edit updates, medical policy change, and provider contract/third party issues
Works independently; receives minimal to no guidance. Acts as a resource for colleagues with less experience and peers
Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app
Preferred
Working toward a Certification in Fraud Analysis is preferred
Company
Independence Blue Cross
The leading health insurer in southeastern Pennsylvania. It is a sub-organization of Independence Blue Cross.
Funding
Current Stage
Late StageLeadership Team
Recent News
Company data provided by crunchbase