Financial counselors are responsible for providing key financial information to clients, offering financial assistance and arrangements as needed. They are in charge of establishing relationships to ensure satisfactory financial resolution for their organization. They provide one-on-one financial counseling to educate clients on their options, handle insurance information, and review documentation and financial information to approve reimbursements. Financial counselors also verify clients' eligibility for programs based on program requirements, as well as help secure payment agreements between their organization and external parties.
Financial Counselor Tasks
Investigate insurance coverage, financial assistant options, and calculate out of pocket expenses.
Meet with clients to discuss finances, cost of services, interest and payment options.
Counsel individuals and families regarding various financial decisions, including budgeting, debt management and paying for medical treatment.