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Medical Economics (Cost Savings) Intern – 2024 Summer Internship
Medical Economics (Cost Savings) Intern – 2024 Summer Internship-March 2024
New York
Mar 16, 2025
ABOUT HEALTHFIRST
As New York’s largest not-for-profit health insurer, Healthfirst offers high-quality, market-leading products to nearly 1.8 million members.
1,001 - 5,000 employees
Healthcare, Insurance
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About Medical Economics (Cost Savings) Intern – 2024 Summer Internship

  Healthfirst’s 2024 Summer Trailblazer Internship is a 10-week paid program beginning on June 5, 2024. This is an immersive and interactive learning experience, that lays a foundation for continued leadership development. Interns do impactful work, collaborating with other interns, employees, and business leaders to solve current business problems and deliver solutions.

  Position Summary :

  The Medical Economics Intern will support the Medical Cost team in valuing, implementing, and tracking initiatives aimed at producing savings and bending trends. As an Intern, you’ll interact with subject matter experts across finance, network, product, medical management, and other areas of the organization to provide support in various tasks related to achieving business objectives. Potential areas of analysis include payment policy, utilization management, and value-based payment arrangements. Throughout your internship, you’ll explore new and unique questions, learning and growing as you develop strategies, find solutions, and build innovative new approaches that support our goals and drive success.

  Duties & Responsibilities :

  Explore medical cost initiative portfolio and enhance reporting and tracking through the development of new dashboards and visualizations

  Learn how to identify favorable and unfavorable performance trends within medical cost initiatives and develop recommendations to improve performance

  Analyze data from multiple tables in the data warehouse using SQL, Excel and Tableau

  Collaborate with other interns and team members to share innovative new ideas

  Preferred Qualifications:

  Degree in Math, Computer Science, Business, Statistics, Actuarial Science, Economics or related programs

  Knowledge of SQL based applications.

  Work experience with Microsoft Excel - create pivot tables, formatting, sorting, create spreadsheets with complex formulas such as v-look ups.

  Current or previous work experience querying large amounts of data.

  Experience managing projects and documenting procedures.

  Understanding of Medicaid and Medicare programs.

  Experience with PowerPoint or Tableau.

  Minimum Qualifications:

  Undergraduate students must be a junior or senior at an accredited institution or have graduated within 12 months of the program. Graduate students must be enrolled at an accredited institution or have graduated within 12 months of the program.

  Knowledge of healthcare data such as diagnosis codes & procedure codes.

  Will not require sponsorship for employment

  Eligible to work in the U.S.

  Must have a minimum of a 3.0 GPA from an accredited school

  WE ARE AN EQUAL OPPORTUNITY EMPLOYER. Applicants and employees are considered for positions and are evaluated without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, age, genetic information, military or veteran status, marital status, mental or physical disability or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.

  If you have a disability under the Americans with Disability Act or a similar law and want a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to [email protected] or calling 212-519-1798 . In your email please include a description of the accommodation you are requesting and a description of the position for which you are applying. Only reasonable accommodation requests related to applying for a position within Healthfirst Management Services will be reviewed at the e-mail address and phone number supplied. Thank you for considering a career with Healthfirst Management Services.

  EEO Law Poster and Supplement (http://www.dol.gov/agencies/ofccp/posters)

  All hiring and recruitment at Healthfirst is transacted with a valid “@healthfirst.org” email address only or from a recruitment firm representing our Company. Any recruitment firm representing Healthfirst will readily provide you with the name and contact information of the recruiting professional representing the opportunity you are inquiring about. If you receive a communication from a sender whose domain is not @healthfirst.org, or not one of our recruitment partners, please be aware that those communications are not coming from or authorized by Healthfirst. Healthfirst will never ask you for money during the recruitment or onboarding process.

  Hiring Range*:

  Greater New York City Area (NY, NJ, CT residents): $39,208 - $52,000

  All Other Locations (within approved locations): $34,091 - $49,920

  As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.

  In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.

  *The hiring range is defined as the lowest and highest salaries that Healthfirst in “good faith” would pay to a new hire, or for a job promotion, or transfer into this role.

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