Women make up the vast majority of Medicare Billing Specialists in the United States. The average pay in this industry is approximately $16.04 per hour. Most Medicare Billing Specialists like their work and job satisfaction is high. A strong majority enjoy medical while more than half get dental coverage. Vision coverage is also available to the greater part. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$31,996 - $62,790
$32K
$42K
$63K
MEDIAN: $42,459
10%
50%
90%

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$12.30 - $22.65
$12
$16
$23
MEDIAN: $16.04
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$21K$42K$63K
Salary
$31,996 - $62,790  
   
Bonus
$983  
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).
)
$25,749 - $49,958  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 15
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$10$20$30
Hourly Rate
$12.30 - $22.65  
   
Overtime
$23.75  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Bonus
$983  
   
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).
)
$25,749 - $49,958  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 84

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Medicare Billing Specialist

  • Process and create orders, bills and invoices.
  • Follow up with late payments.
  • Reconcile data across billing and clinical systems, verifying data with patients.
  • Act as point of contact for eligibility and third party billing questions and processes.
  • Collect co-pays and deductibles, enter new patients into the system and answer questions.

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Pay by Experience Level for Medicare Billing Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Medicare Billing Specialists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Folks who are navigating the first five years of their careers have a median salary of approximately $32K in this position. Those who have been around for five to 10 years don't get much more, though; the median salary in that group is $34K. For Medicare Billing Specialists, 10 to 20 years of experience on the job amounts to an average salary of $36K. In the end, more experience does seem to mean larger paychecks; seasoned Medicare Billing Specialists with more than 20 years of experience earn a predictably higher median salary of $45K.

Related Job Salaries

Key Stats for Medicare Billing Specialist

Gender

Female
94 %
Male
6 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.
030
Less than 1 year
3%
1-4 years
30%
5-9 years
20%
10-19 years
29%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Medicare Billing Specialist Salaries

Late-Career
up arrow 31%

Experienced
up arrow 5%

National Average
$35,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 8%

Skills That Affect Medicare Billing Specialist Salaries

Medicaid & Medicare Billing
0%

National Average
$35,000

Knowledge of Medicaid & Medicare
up arrow 11%

Medicaid & Medicare Regulation
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
20%
10-19 years
29%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 66%
vision benefits
Vision: 57%
dental benefits
None: 19%
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