Medical Claims Analyst Salary

For Medical Claims Analysts, hourly average wages total $17.32 per hour. The vast majority (87 percent) of Medical Claims Analysts who took the survey are female. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most Medical Claims Analysts report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$35,481 - $61,893
$35K
$42K
$62K
MEDIAN: $41,618
10%
50%
90%

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$13.20 - $23.65
$13
$18
$24
MEDIAN: $17.50
10%
50%
90%

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$0$61K
Salary $35,481 - $61,893
Bonus $-0.49 - $4,848
Profit Sharing $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).
)
$29,653 - $53,561
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 35
Hourly Data $0$32
Hourly Rate $13.20 - $23.65
Overtime $20.34 - $32.02
Annual Data $0$53K
Bonus $-0.49 - $4,848
Profit Sharing $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).
)
$29,653 - $53,561
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 133

Job Description for Medical Claims Analyst

Medical claims analysts typically work for insurance companies as the person who verifies or audits medical claims to ensure the accuracy of company reimbursement payments. They usually work at a computer workstation in an office environment. Because the job is highly computerized, many companies offer flexible, remote, or work-from-home shifts.

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Medical Claims Analyst Tasks

  • Communicate with patients, payers and insurance to follow up and resolve claims.
  • Work with patients to set up payment plans and confirm coverage and claim status.
  • Process denials, refunds, appeals and claim status.
  • Create reports and documentation for regulatory bodies, lawyers and other groups.
  • Analyze database and contracts to make adjustments, report on current state and research claims.

Medical Claims Analyst Job Listings

Pay by Experience Level for Medical Claims Analyst

Pay by Experience for a Medical Claims Analyst has a positive trend. An entry-level Medical Claims Analyst with less than 5 years of experience can expect to earn an average total compensation of $35,000 based on 70 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Medical Claims Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 54 salaries. An experienced Medical Claims Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $39,000 based on 59 salaries. A Medical Claims Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $41,000 based on 26 salaries.

Medical Claims Analyst Reviews

Q: What is it like working as a Medical Claims Analyst?

Medical Claims Analyst in Fort Worth:
"Underpaid."
Pros: Working with itemized bills.
Cons: The amount of work versus deadlines.

Related Job Salaries

Key Stats for Medical Claims Analyst

Gender

Female
86 %
Male
14 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.
Less than 1 year
3%
1-4 years
26%
5-9 years
21%
10-19 years
30%
20 years or more
20%

Experience Affects Medical Claims Analyst Salaries

Late-Career
▲6%

National Average
$39,000

▼1%

▼4%

▼9%

Skills That Affect Medical Claims Analyst Salaries


Medicaid & Medicare Billing
▼0%

National Average
$39,000


Claim Handling
▼20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
3%
1-4 years
26%
5-9 years
21%
10-19 years
30%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 74%
vision benefits
Vision: 66%
no benefits
None: 16%