Claims Processor/Billing Salary
The average pay for a Claims Processor/Billing is $14.87 per hour. Most people with this job move on to other positions after 20 years in this field.
|Salary||$28,037 - $48,483|
|Bonus||$192.71 - $3,109|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$24,485 - $43,964|
|Hourly Rate||$11.28 - $18.57|
|Overtime||$15.99 - $29.62|
|Bonus||$192.71 - $3,109|
|Total Pay (||$24,485 - $43,964|
Job Description for Claims Processor/Billing
A claims/billing processor works for an insurance company to process claims from clients and analyze patient files to make sure patients are eligible for said claims. He/she may determine a claim's eligibility independently or pass it on to investigators or another department for review, and will also determine how much is owed by the customer, if anything, and bill accordingly.Read More...
Claims processors may work directly with customers to gather their claims. This usually involves communicating on the phone, so good telephone skills are important. The claims processor will look over claims and make sure they're complete; when they're not, the necessary information should be obtained to complete the claims. He/she may also have to follow up with the claim to make sure the process is carried out in a timely manner, and help with processing new client registrations.
Usually, a minimum of a high school diploma is required. Proficient ten key and typing skills are necessary in order to carry out this job efficiently. When working with medical insurance, knowledge of medical terminology and coding will be necessary. The job is generally carried out in an office environment, which may require the processor to sit at a desk and computer for long shifts. The office may also get noisy, as multiple claims processors may work in one area.
Claims Processor/Billing Tasks
- Assists in making claim settlement determinations.
- Provides customer service to clients.
- Update database and process necessary paperwork.
- Reviews claims for accuracy and completeness, verify eligibility and coverage level.
Popular Skills for Claims Processor/Billing
Pay by Experience Level for Claims Processor/Billing
Pay by Experience for a Claims Processor/Billing has a positive trend. An entry-level Claims Processor/Billing with less than 5 years of experience can expect to earn an average total compensation of $30,000 based on 153 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Claims Processor/Billing with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $34,000 based on 75 salaries. An experienced Claims Processor/Billing which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $34,000 based on 52 salaries. A Claims Processor/Billing with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $41,000 based on 22 salaries.
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Key Stats for Claims Processor/Billing
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