Medical Biller/Insurance Specialist
Types of Degrees Medical Biller/Insurance Specialist Majors Are Getting
The following table lists how many medical insurance specialist/medical biller graduations there were in 2018-2019 for each degree level.
|Education Level||Number of Grads|
What Medical Biller/Insurance Specialist Majors Need to Know
In an O*NET survey, medical insurance specialist/medical biller majors were asked to rate what knowledge areas, skills, and abilities were important in their occupations. These answers were weighted on a scale of 1 to 5 with 5 being the most important.
Knowledge Areas for Medical Insurance Specialist/Medical Biller Majors
According to O*NET survey takers, a major in medical insurance specialist/medical biller should prepare you for careers in which you will need to be knowledgeable in the following areas:
- Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
- English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
- Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
- Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
- Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Skills for Medical Insurance Specialist/Medical Biller Majors
The following list of skills has been highlighted as some of the most essential for careers related to medical insurance specialist/medical biller:
- Speaking - Talking to others to convey information effectively.
- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Service Orientation - Actively looking for ways to help people.
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
- Writing - Communicating effectively in writing as appropriate for the needs of the audience.
Abilities for Medical Insurance Specialist/Medical Biller Majors
Medical Insurance Specialist/Medical Biller majors often go into careers where the following abilities are vital:
- Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
- Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
- Speech Recognition - The ability to identify and understand the speech of another person.
- Speech Clarity - The ability to speak clearly so others can understand you.
- Written Comprehension - The ability to read and understand information and ideas presented in writing.
What Can You Do With a Medical Biller/Insurance Specialist Major?
Below is a list of occupations associated with medical insurance specialist/medical biller:
|Job Title||Job Growth Rate||Median Salary|
Who Is Getting a Bachelor’s Degree in Medical Biller/Insurance Specialist?
At the countrywide level, the racial-ethnic distribution of medical insurance specialist/medical biller majors is as follows:
|Race/Ethnicity||Number of Grads|
|Black or African American||0|
|Hispanic or Latino||3|
How Much Do Medical Biller/Insurance Specialist Majors Make?
Salaries According to BLS
The median salary for someone in a career related to medical insurance specialist/medical biller is $37,090. This median refers to all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.
To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.
Amount of Education Required for Careers Related to Medical Biller/Insurance Specialist
Some careers associated with medical insurance specialist/medical biller require an advanced degree while some may not even require a bachelor’s. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.
How much schooling do you really need to compete in today’s job market? People currently working in careers related to medical insurance specialist/medical biller have obtained the following education levels.
|Education Level||Percentage of Workers|
|High School Diploma - or the equivalent (for example, GED)||37.0%|
|Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production)||19.7%|
|Some College Courses||41.3%|
|Associate’s Degree (or other 2-year degree)||2.0%|
Online Medical Biller/Insurance Specialist Programs
In the 2018-2019 academic year, 257 schools offered some type of medical insurance specialist/medical biller program. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.
|Degree Level||Colleges Offering Programs||Colleges Offering Online Classes|
|Certificate (Less Than 1 Year)||78||12|
|Certificate (1-2 years)||164||12|
|Certificate (2-4 Years)||0||0|
|Doctor’s Degree (Research)||0||0|
|Doctor’s Degree (Professional Practice)||0||0|
|Doctor’s Degree (Other)||0||0|
Is a Degree in Medical Biller/Insurance Specialist Worth It?
The median salary for a medical insurance specialist/medical biller grad is $37,090 per year. This is based on the weighted average of the most common careers associated with the major.
Explore Major by State
District of Columbia
Majors Related to Medical Biller/Insurance Specialist
You may also be interested in one of the following majors related to medical insurance specialist/medical biller.
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
- College Factual
- College Scorecard
- National Center for Education Statistics
- O*NET Online
- U.S. Bureau of Labor Statistics
- Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
More about our data sources and methodologies.
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