Contract Analyst
At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.Position Summary
Drafts, executes, reviews, and analyzes contracts for various clients (i.e. self-funded, fully-insured, public and labor) of a benefits administration company in accordance with company standards while meeting and exceeding accessibility, compliance, quality, and cost initiatives. Verifies contract compliance and adherence to company policies and procedures.
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- Follows established procedures to execute routine business support tasks for the Contract function under general supervision.
- Assists with negotiating contract terms, payment structures, and reimbursement with other parties "to successfully enhance the company's competitive advantage in the industry.
- Collects documents requested by government departments in order to compile information for government audits.
- Performs contract certification for consultants and health litigation lawyers.
- Handles contracts to support subrogation efforts in dollar recovery while certifying subrogation language for consultants.
- Communicates with internal and external business partners to ensure cross-functional alignment with company goals and objectives.
- Develops effective relationships with all team members to ensure daily communication to resolve issues and prevent delays in service.
- Observes contract team performance including metrics and training to ensure compliance with the company's regulatory, safety, quality, and confidentiality protocols and standards.
- Ensures a high level of customer service, responding promptly, and following established claims protocols and guidelines when interacting with our internal business partners.
- 1-2 years experience in healthcare document drafting.
- 1-2 years of customer service experience
- 3 years contract drafting experience
- 1-2 years of healthcare experience
- High School diploma/GED
40Time Type
Full timePay Range
The typical pay range for this role is:$17.00 - $34.15This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- HSA
- HSA With Employer Contribution
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
Professional Development
- Tuition Reimbursement
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program