To become a medical insurance specialist, you'll need at least an associate degree. You can expect to earn a salary averaging over $44,000 annually. Medical insurance specialists earned average annual salaries of $44,000 as of 2020, according to the Bureau of Labor Statistics.
How much does a health insurance specialist make?
The estimated total pay for a Health Insurance Specialist is $62,832 per year in the United States area, with an average salary of $47,674 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
What are typical medical billing specialist salaries?
The estimated total pay for a Medical Insurance Specialist is $54,119 per year in the United States. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $38,623 per year.
How much do medical specialist jobs pay per hour?
Apr 07, 2022 · The average salary for a Insurance Specialist is $47,944 per year in United States. Learn about salaries, benefits, salary satisfaction and where you could earn the most.
How do I become a health insurance specialist?
5 rows · A Health Insurance Specialist in your area makes on average $44,059 per year, or $1,020 (2%) more ...
What is the job description of a medical insurance specialist?
A health insurance specialist is responsible for ensuring that patients receive the care they need while makings sure that the insurance company will cover the payments. They also manage any co-pays that patients must provide as a condition of receiving care.
How much does a insurance Specialist Make in Texas?
The average salary for a insurance specialist is $47,815 per year in Texas.Mar 16, 2022
How much does a Health Insurance Specialist in United States make?
The national average salary for a Health Insurance Specialist is $86,874 per year in United States. Filter by location to see a Health Insurance Sp...
What is the highest salary for a Health Insurance Specialist in United States?
The highest salary for a Health Insurance Specialist in United States is $142,666 per year.
What is the lowest salary for a Health Insurance Specialist in United States?
The lowest salary for a Health Insurance Specialist in United States is $52,901 per year.
What is the a Health Insurance Specialist career path and salary trajectory?
If you are thinking of becoming a Health Insurance Specialist or planning the next step in your career, find details about the role, the career pat...
How much does a Health Insurance Specialist make?
The average annual pay for a Health Insurance Specialist in Chicago is $43,039 an year. Just in case you need a simple salary calculator, that work...
What are Top 10 Highest Paying Cities for Health Insurance Specialist Jobs?
Lakes, AK($50,844)San Francisco, CA($50,429)Santa Clara, CA($50,003)Washington, DC($49,408)Los Angeles, CA($48,868)Fremont, CA($48,506)Jersey City,...
What are Top 5 Best Paying Related Health Insurance Specialist Jobs in the U.S.?
Insurance Agencies($120,787)Director Insurance($105,036)Insurance Brokers($98,079)Sales Life Insurance($90,999)Insurance Systems($89,085)
How much should you negotiate?
See how your offer stacks up to other pay packages and negotiate confidently.
Recent Salary Reports
Below are the most recent medical insurance specialist salary reports. Employer name has been removed to protect anonymity.
How much does a Health Insurance Specialist make?
As of Jul 24, 2021, the average annual pay for a Health Insurance Specialist in the United States is $43,039 a year.
What are Top 10 Highest Paying Cities for Health Insurance Specialist Jobs
We’ve identified 10 cities where the typical salary for a Health Insurance Specialist job is above the national average. Topping the list is Lakes, AK, with San Francisco, CA and Santa Clara, CA close behind in the second and third positions.
What are Top 5 Best Paying Related Health Insurance Specialist Jobs in the U.S
We found at least five jobs related to the Health Insurance Specialist job category that pay more per year than a typical Health Insurance Specialist salary. Top examples of these roles include: Insurance Agencies, Director Insurance, and Life Insurance Manager.
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Top searched states for Health Insurance Specialist Salaries
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How much should you negotiate?
See how your offer stacks up to other pay packages and negotiate confidently.
Frequently asked questions about a Medical Billing and Insurance Specialist salaries
How much does a Medical Billing and Insurance Specialist in United States make?
Recent Salary Reports
Below are the most recent medical billing insurance specialist salary reports. Employer name has been removed to protect anonymity.
How much should you negotiate?
See how your offer stacks up to other pay packages and negotiate confidently.
Frequently asked questions about a Medical Billing and Insurance Specialist salaries
How much does a Medical Billing and Insurance Specialist in United States make?
Recent Salary Reports
Below are the most recent medical insurance billing specialist salary reports. Employer name has been removed to protect anonymity.
How much does a medical billing specialist make in 2021?
The average Medical Billing Specialist salary in the United States is $42,495 as of June 28, 2021, but the range typically falls between $39,541 and $46,470. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
How long does it take to become a medical billing specialist?
Gaining or has attained full proficiency in a specific area of discipline. To be a Medical Billing Specialist typically requires 1-3 years of related experience, or may need 0 years of experience with additional specialized training and/or certification.
What is the job of a medical biller?
Medical coders review medical data and assign the appropriate standardized code needed for billing. Medical billers take that information, compile it, and prepare claims for insurance companies and bills for patients.
How much does a college degree add to your salary?
Having a college education – whether an associate degree or some college-level classes – will add approximately 5% to your annual salary. A bachelor’s degree or master’s degree will add significantly more.
How much does a non-certified coder make?
According to the AAPC, non-certified coders make an average salary of $42,015 per year while certified coders earn 33% more -- an average of $55,923 per year. Adding a second certification increases that average salary to $64,890. Additional credentials increase the average annual salary for billing and coding specialists to $70,608.
Why is medical code important?
Medical coders apply it to diagnoses, procedures, medical equipment, and medical services. It's important because: Streamlines the billing process. Creates a universal language for medical professionals and facilities. Helps researchers track health trends and use data to analyze treatments.
What is medical coding?
Medical Coding is the process of taking medical terminology and information and translating it into a language that is universally understood by medical professionals and insurance companies alike. The language is an established alphanumeric code. Medical coders apply it to diagnoses, procedures, medical equipment, and medical services.
How many jobs will be created in healthcare by 2029?
In fact, the Bureau of Labor Statistics's (BLS) predicts 8% growth over the next ten years -- much faster than the average for all occupations. With 29,000 new jobs expected by 2029, now is a good time to investigate ...
Why is advanced credentialing important?
Pursuing advanced credentialing is even more important than higher education. Professionals who pursue this level of validation of their knowledge provide their employers with confidence in their expertise and proficiency.
Job Description for Insurance Verification Specialist
Insurance Verification Specialist is responsible for the pre-verification of insurance for patients being admitted into the hospital for care. Ensures insurance coverage by telephone, resolves any issues with coverage and escalates complicated issues to a supervisor or manager.
Average Total Cash Compensation
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Verification Specialist in the United States. The base salary for Insurance Verification Specialist ranges from $35,712 to $45,414 with the average base salary of $40,721.
