The larger portion of Medicare Billing Specialists in the United States are women. Median pay in this female-dominated area goes for around $16.12 per hour. Medical benefits are awarded to a fair number, and more than half earn dental coverage. For the most part, Medicare Billing Specialists enjoy their work and report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.

$30,057 - $53,582
(Median)
$30K
$40K
$54K
MEDIAN: $40,000
10%
50%
90%

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$12.34 - $22.61
(Median)
$12
$16
$23
MEDIAN: $16.00
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$18K$36K$54K
Salary
$30,057 - $53,582  
   
Bonus
$1,000  
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).
)
$25,819 - $49,075  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | 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
$12.34 - $22.61  
   
Overtime
$25.00  
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
$1,000  
   
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).
)
$25,819 - $49,075  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 85
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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

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


Medicare Billing Specialists do not generally earn higher incomes from more experience in the field. Medicare Billing Specialists in the early stages of their careers take home approximately $32K on average. The average for people in the five-to-10 year group is only a little larger at $34K. People with 10 to 20 years of experience make an average of about $36K in this role. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $44K.

Related Job Salaries

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Experience Affects Medicare Billing Specialist Salaries

Late-Career
up arrow 28%

Experienced
up arrow 4%

National Average
$34,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 7%

Skills That Affect Medicare Billing Specialist Salaries

Medicaid & Medicare Billing
up arrow 1%

National Average
$34,000

Knowledge of Medicaid & Medicare
up arrow 10%

Medicaid & Medicare Regulation
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
2%
1-4 years
28%
5-9 years
24%
10-19 years
29%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 61%
medical benefits
Vision: 51%
dental benefits
None: 19%
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