Medicare Billing Specialist Salary

Most Medicare Billing Specialists in the United States are women. The median pay for people in this role is approximately $15.98 per hour. Job satisfaction for Medicare Billing Specialists is high. A fair number report receiving medical coverage from their employers and the larger part collect dental insurance. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$32,298 - $62,577
$32K
$41K
$63K
MEDIAN: $41,446
10%
50%
90%

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$12.30 - $23.06
$12
$16
$23
MEDIAN: $15.98
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
$32,298 - $62,577  
   
Bonus
$400.00  
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).
)
$25,715 - $50,584  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 16
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$9$18$27
Hourly Rate
$12.30 - $23.06  
   
Overtime
$22.50  
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$18K$36K$54K
Bonus
$400.00  
   
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).
)
$25,715 - $50,584  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 74

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Medicare Billing Specialist

  • 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.
  • Reconcile data across billing and clinical systems, verifying data with patients.
  • Process and create orders, bills and invoices.
  • Follow up with late payments.

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Pay by Experience Level for Medicare Billing Specialist

Pay by Experience for a Medicare Billing Specialist has a positive trend. An entry-level Medicare Billing Specialist with less than 5 years of experience can expect to earn an average total compensation of $32,000 based on 33 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Medicare Billing Specialist 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 23 salaries. An experienced Medicare Billing Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $36,000 based on 33 salaries. A Medicare Billing Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $45,000 based on 17 salaries.

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.
Less than 1 year
3%
1-4 years
31%
5-9 years
16%
10-19 years
31%
20 years or more
19%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Medicare Billing Specialist Salaries

Late-Career
▲31%

Experienced
▲3%

National Average
$35,000

Mid-Career
▼1%

Entry-Level
▼8%

Skills That Affect Medicare Billing Specialist Salaries

National Average
$35,000


Knowledge of Medicaid & Medicare
▼11%

Medicaid & Medicare Regulation
▼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
31%
5-9 years
16%
10-19 years
31%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 67%
vision benefits
Vision: 57%
no benefits
None: 19%