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Medical Biller/Insurance Specialist Major

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Medical Biller/Insurance Specialist

$37,090 Median Salary

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 2020-2021 for each degree level.

Education Level Number of Grads
Undergraduate Certificate 4,122
Associate Degree 2,903
Basic Certificate 1,161

What Medical Biller/Insurance Specialist Majors Need to Know

People with careers related to medical insurance specialist/medical biller were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Medical Insurance Specialist/Medical Biller Majors

Medical Insurance Specialist/Medical Biller majors often go into careers in which the following knowledge areas are important:

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  • 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

medical insurance specialist/medical biller majors are found most commonly in careers in which the following skills are important:

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  • 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:

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  • 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?

People with a medical insurance specialist/medical biller degree often go into the following careers:

Job Title Job Growth Rate Median Salary
Medical Secretaries 22.5% $35,760

How Much Do Medical Biller/Insurance Specialist Majors Make?

Salaries According to BLS

Medical Insurance Specialist/Medical Biller majors often go into careers with median salaries of $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.

Median Salary for a Medical Biller/Insurance Specialist Major  37,090
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250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

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.

Find out what the typical degree level is for medical insurance specialist/medical biller careers below.

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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 2020-2021 academic year, 247 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) 0 0
Certificate (1-2 years) 181 18
Certificate (2-4 Years) 0 0
Associate’s Degree 29 9
Bachelor’s Degree 0 0
Post-Baccalaureate 0 0
Master’s Degree 0 0
Post-Master’s 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.

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You may also be interested in one of the following majors related to medical insurance specialist/medical biller.

Major Number of Grads
Health Care Management 31,436
Medical Insurance Coding Specialist/Coder 10,149
Health Information/Medical Records Technology/Technician 9,664
Medical Administrative/Executive Assistant & Medical Secretary 8,049
Medical Office Assistant/Specialist 4,894
Hospital & Health Care Facilities Administration/Management 4,391
Medical Office Management/Administration 3,564
Health Information Management 3,317
Other Health & Medical Administrative Services 2,245
Medical/Health Management & Clinical Assistant/Specialist 1,180
Medical Reception/Receptionist 781
Long Term Care Administration/Management 353
Clinical Research Coordinator 344
Medical Office Computer Specialist/Assistant 224
Medical Transcription/Transcriptionist 198
Healthcare Innovation 183
Health Unit Coordinator/Ward Clerk 94
Medical Staff Services Technology/Technician 26
Health Unit Manager/Ward Supervisor 22
Health/Medical Claims Examiner 15
Disease Registry Data Management 8
Healthcare Information Privacy Assurance and Security 7

References

*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.

More about our data sources and methodologies.

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