Medical Insurance Coding Specialist
Types of Degrees Medical Insurance Coding Specialist Majors Are Getting
The following table lists how many medical insurance coding specialist/coder graduations there were in 2018-2019 for each degree level.
|Education Level||Number of Grads|
What Medical Insurance Coding Specialist Majors Need to Know
In an O*NET survey, medical insurance coding specialist/coder 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 Coding Specialist/Coder Majors
This major prepares you for careers in which these knowledge areas are important:
- 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.
- English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
- 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.
- Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
- Medicine and Dentistry - Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
Skills for Medical Insurance Coding Specialist/Coder Majors
medical insurance coding specialist/coder majors are found most commonly in careers in which the following skills are important:
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
- 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.
- Social Perceptiveness - Being aware of others’ reactions and understanding why they react as they do.
- Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Abilities for Medical Insurance Coding Specialist/Coder Majors
As you progress with your medical insurance coding specialist/coder degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:
- Near Vision - The ability to see details at close range (within a few feet of the observer).
- Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
- Written Comprehension - The ability to read and understand information and ideas presented in writing.
- 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.
What Can You Do With a Medical Insurance Coding Specialist Major?
People with a medical insurance coding specialist/coder degree often go into the following careers:
|Job Title||Job Growth Rate||Median Salary|
|Medical Records and Health Information Technicians||13.5%||$40,350|
How Much Do Medical Insurance Coding Specialist Majors Make?
Salaries According to BLS
Average salaries range from $34,540 to $44,010 (25th to 75th percentile) for careers related to medical insurance coding specialist/coder. This range includes all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.
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 Insurance Coding Specialist
Some careers associated with medical insurance coding specialist/coder 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 coding specialist/coder careers below.
|Education Level||Percentage of Workers|
|High School Diploma - or the equivalent (for example, GED)||32.7%|
|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)||34.2%|
|Some College Courses||15.0%|
|Associate’s Degree (or other 2-year degree)||19.3%|
Online Medical Insurance Coding Specialist Programs
In the 2018-2019 academic year, 506 schools offered some type of medical insurance coding specialist/coder 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)||172||31|
|Certificate (1-2 years)||339||92|
|Certificate (2-4 Years)||4||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 Insurance Coding Specialist Worth It?
The median salary for a medical insurance coding specialist/coder grad is $34,540 per year. This is based on the weighted average of the most common careers associated with the major.
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Majors Related to Medical Insurance Coding Specialist
You may also be interested in one of the following majors related to medical insurance coding specialist/coder.
*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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