What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Medicare Billing Specialist Salary

Women make up the vast majority of Medicare Billing Specialists in the United States. The average pay in this industry is approximately $15.44 per hour. Job satisfaction is reported as high by the vast majority of workers. A strong majority report receiving medical coverage from their employers and a majority collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$11.87 - $19.92
(Median)
$12
$15
$20
MEDIAN: $15.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$11.87 - $19.92  
   
Overtime
$13.40 - $33.81  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $4,966  
   
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).
)
$25,530 - $43,060  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 74

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Biller, Medical Office Job Listings

Search for more jobs:


Survey takers who work as Medicare Billing Specialists usually report a few specific skills. Those who have experience with Medicaid & Medicare Billing, Knowledge of Medicaid & Medicare, and Medicaid & Medicare Regulation can expect to be compensated well for these skills. Skills that pay less than market rate include Medicaid & Medicare Regulation and Knowledge of Medicaid & Medicare.

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 with fewer than five years of experience take home $33K on average, and those who have worked for five to 10 years see a bigger median salary of $33K. For Medicare Billing Specialists, 10 to 20 years of experience on the job amounts to an average salary of $33K. As Medicare Billing Specialists reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $34K.

Related Job Salaries

United States (change)

Experience Affects Medicare Billing Specialist Salaries

Late-Career
up arrow 3%

National Average
$33,000

Experienced
up arrow 1%

Entry-Level
up arrow 1%

Mid-Career
up arrow 1%

Skills That Affect Medicare Billing Specialist Salaries

Medicaid & Medicare Billing
up arrow 3%

National Average
$33,000

Knowledge of Medicaid & Medicare
up arrow 7%

Medicaid & Medicare Regulation
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 17 votes.

Gender

Female
93 %
Male
7 %

Years of Experience

Less than 1 year
4%
1-4 years
23%
5-9 years
29%
10-19 years
33%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 67%
vision benefits Vision: 47% employee benefits None: 18%
ADVERTISEMENT