Medicare Billing Specialist Salary
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.
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.