Blue Cross Blue Shield of Massachusetts

Analyst, Medicare Compliance

Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Highly organized and detail-oriented with advanced analytical and problem-solving skills.
  • Exceptional written and verbal communication skills for explaining complex regulations to various audiences.
  • Extensive knowledge of Medicare Advantage and Part D regulatory requirements.
  • Understanding of health insurance operations, preferably with Blue Cross experience.
  • Familiarity with federal healthcare oversight agencies, particularly CMS and OIG.
  • Strong understanding of compliance program requirements in corporate settings.
  • Proactive in identifying operational challenges and recommending compliant solutions.
  • High professionalism to interact effectively at all organizational levels.
  • A demonstrated ability to work well in teams and independently, with sound judgment in compliance decisions.
  • Proficiency in Microsoft Office Suite.

Responsibilities

  • Execute auditing and monitoring of Medicare operations against CMS requirements.
  • Formalize audit findings and present them to business leaders at Compliance meetings.
  • Develop and maintain compliance status reports for executive summaries and dashboards.
  • Analyze new CMS guidance to identify business implications and track changes.
  • Serve as the compliance subject matter expert for various business areas.
  • Participate in preparation and execution of CMS audits.
  • Promote compliance awareness through education and ongoing monitoring.

Benefits

  • Eligible for flexible work arrangements including eWorker and Mobile options.
  • Comprehensive medical, dental, and vision insurance coverage.
  • 401(k) retirement plan participation.
  • Paid time off for work-life balance.
  • Access to a suite of well-being benefits for eligible employees.
Full Job Description
The Role

The Medicare Compliance Analyst provides critical cross-functional support to ensure organizational adherence to the regulations established by the Centers for Medicare & Medicaid Services (CMS) for Medicare Advantage and Part D Prescription Drug Plans. This role is responsible for analyzing regulatory requirements to assess business impacts and ensure accurate, timely implementation. Key responsibilities include managing documentation for CMS audits and inquiries and evaluating operational policies and procedures for alignment with CMS mandates and internal standards.

The analyst will execute monitoring and auditing of Medicare operations to validate compliance, collaborate with internal business partners and external entities (such as vendors and CMS) to resolve identified compliance risks, and actively facilitate internal Compliance meetings.

Key Accountabilities/Job Description:
  • Audit & Monitoring: Execute auditing and monitoring of Medicare operational areas by evaluating performance reports, sample cases, workflows, and policies against CMS requirements and Audit Protocols.
  • Reporting & Remediation: Formalize audit findings into comprehensive written reports for distribution to business leaders and present results during Compliance committee meetings. Review, refine, and track Corrective Action Plans (CAPs) submitted by business areas to remediate compliance gaps, and evaluate outcomes to validate successful implementation.
  • Status Tracking & Reporting: Develop, maintain, and present executive summaries detailing the compliance status of assigned business areas for inclusion in internal dashboards. Generate ad-hoc reports, manage tracking documents, monitor deliverable timelines, and collaborate on project planning and problem resolution.
  • Regulatory Analysis: Monitor, analyze, and summarize new CMS guidance and regulations to identify key business implications. Effectively disseminate this information to relevant business areas and track all required operational changes to completion.
  • Subject Matter Expertise: Serve as the primary compliance subject matter expert for assigned business areas and represent Medicare Compliance in cross-functional enterprise workgroups.
  • Audit Coordination: Actively participate in the preparation, coordination, and execution of CMS audits.
  • Continuous Learning & Advocacy: Maintain up-to-date knowledge of CMS rules and regulations by reviewing CMS bulletins, BCBSA notifications, and CMS communications. Promote a culture of compliance awareness across the organization through strategic communication, education, training, and ongoing monitoring.


Qualifications (Knowledge, Skills and Abilities):
  • Highly organized and detail-oriented with advanced analytical and problem-solving capabilities.
  • Exceptional written and verbal communication skills, with the ability to articulate complex regulatory concepts to diverse audiences.
  • Extensive knowledge of Medicare Advantage and/or Prescription Drug Plan (Part D) regulatory requirements.
  • Comprehensive understanding of health insurance plan operations (Blue Cross plan knowledge is highly preferred).
  • Working knowledge of federal healthcare regulatory oversight agencies, including CMS and the Office of Inspector General (OIG).
  • Strong grasp of foundational corporate Compliance Program requirements.
  • Proactive initiative to identify operational challenges and recommend strategic, compliant solutions.
  • High degree of professionalism with the proven ability to interact effectively with all levels of the organization.
  • Demonstrated ability to collaborate effectively within cross-functional teams, as well as the capacity to work independently.
  • Ability to apply sound judgment to complex compliance decisions, manage multiple concurrent projects, and meet strict deadlines with minimal supervision.
  • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).


Education and Relevant Experience:
  • Bachelor's degree preferred, or equivalent professional work experience.
  • 3-5+ years of business experience within a health insurance or managed care environment.
  • 2-4+ years of dedicated experience in Medicare, Pharmacy Benefit Management, Compliance, or Operations
  • Previous experience in auditing, regulatory oversight, and data analysis is preferred.


This position is eligible for the following personas: eWorker, Mobile, Resident.

Minimum Education Requirements:

High school degree or equivalent required unless otherwise noted above

Location
HinghamTime Type
Full time

Salary Range: $72,630.00 - $88,770.00

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

About Blue Cross Blue Shield of Massachusetts

Blue Cross Blue Shield of Massachusetts (BCBSMA) is a state licensed private health insurance company under the Blue Cross Blue Shield Association with headquarters in Boston. It is the largest health plan in Massachusetts, serving 2.8 million members. BCBSMA is committed to providing access to high-quality, affordable health care to help improve the health and well-being of its members and the communities it serves.
Learn more about Blue Cross Blue Shield of Massachusetts
Size
3,700 employees
Industry
Founded
1937

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