What Is a NASCO Claims Analyst?
NASCO (National Account Service Company) is a healthcare technology company that is owned by and solely serves Blue Cross and Blue Shield insurance plans across the country. A NASCO claims analyst is in charge of evaluating the benefit and claims processing system to pinpoint performance issues and perform the necessary changes needed. These claims analysts can work for NASCO or Blue Cross/Blue Shield directly or for organizations that need these services.
|Educational Requirements||Bachelor's degree preferred|
|Job Skills||NASCO system, medical coding, Mainframes, system analysis, analytical and organizational skills, verbal and written communication skills|
|Median Salary (May 2018)*||$88,740 (for all computer systems analysts)|
|Job Outlook (2016-2026)*||9% (for all computer systems analysts)|
Source: *U.S. Bureau of Labor Statistics
Most employers will prefer a bachelor's degree in management information systems or computer science; however, the minimum education requirements are either a high school diploma or equivalent or an associate's degree. Additional training in medical billing and coding will also be helpful. Work experience with healthcare, claims processing, and IT, however, proves to be highly requested by employers.
A NASCO claims analyst will be required to have experience with the NASCO system and Mainframes, in addition to knowledge of medical claims benefits processing, benefit coding, HIPAA regulations, and medical, dental, vision and hearing benefits. They must have excellent analytical and organizational skills, including the ability to manage multiple projects. They must also have verbal and written communication skills, as they will be responsible for clear documentation of all system analysis, test plans and status reports. In addition, they will need to oversee systems development processes and coordinate test completion exercises with other team members.
Career Outlook and Salary
The U.S. Bureau of Labor Statistics (BLS) reports that employment of all computer systems analysts is projected to grow 9% from 2016 to 2026, about as fast as the average for all occupations. The BLS also reports that the median salary in May 2018 for all computer systems analysts was $88,740. The NASCO Processing System (NPS) revolutionized the insurance industry with an efficient single-system claims processing solution. The demand for digital solutions will keep claims analysts employed.
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