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Medical Biller/Insurance Specialist Major

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Medical Biller/Insurance Specialist

2,731 Associates's Degrees Annually
3 Bachelor's Degrees Annually
#20 in Popularity (Associate's)
$37,090 Median Salary

Types of Degrees Medical Biller/Insurance Specialist Majors Are Getting

The following table lists how many medical insurance specialist/medical biller graduations there were in 2019-2020 for each degree level.

Education Level Number of Grads
Undergraduate Certificate 3,107
Associate Degree 2,773
Basic Certificate 1,106

What Medical Biller/Insurance Specialist Majors Need to Know

People with careers related to medical insurance specialist/medical biller were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Medical Insurance Specialist/Medical Biller Majors

Medical Insurance Specialist/Medical Biller majors often go into careers in which the following knowledge areas are important:

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  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Skills for Medical Insurance Specialist/Medical Biller Majors

The following list of skills has been highlighted as some of the most essential for careers related to medical insurance specialist/medical biller:

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  • Speaking - Talking to others to convey information effectively.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Service Orientation - Actively looking for ways to help people.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.

Abilities for Medical Insurance Specialist/Medical Biller Majors

As you progress with your medical insurance specialist/medical biller degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:

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  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Speech Recognition - The ability to identify and understand the speech of another person.
  • Speech Clarity - The ability to speak clearly so others can understand you.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.

What Can You Do With a Medical Biller/Insurance Specialist Major?

Below is a list of occupations associated with medical insurance specialist/medical biller:

Job Title Job Growth Rate Median Salary
Medical Secretaries 22.5% $35,760

Who Is Getting an Associate’s Degree in Medical Biller/Insurance Specialist?

2,773 Associate's Degrees Annually
95% Percent Women
46% Percent Racial-Ethnic Minorities*
This major is dominated by women with about 95% of recent graduates being female.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of medical insurance specialist/medical biller majors is as follows:

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Race/Ethnicity Number of Grads
Asian 20
Black or African American 674
Hispanic or Latino 459
White 664
International Students 1
Other Races/Ethnicities 955

Geographic Diversity

Students from other countries are interested in Medical Insurance Specialist/Medical Biller, too. About 0.0% of those with this major are international students.

How Much Do Medical Biller/Insurance Specialist Majors Make?

Salaries According to BLS

Medical Insurance Specialist/Medical Biller majors often go into careers with median salaries of $37,090. This median refers to all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for a Medical Biller/Insurance Specialist Major  37,090
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Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some degrees associated with medical insurance specialist/medical biller may require an advanced degree, while others may not even require a bachelor’s in the field. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to medical insurance specialist/medical biller have obtained the following education levels.

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Education Level Percentage of Workers
High School Diploma - or the equivalent (for example, GED) 37.0%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) 19.7%
Some College Courses 41.3%
Associate’s Degree (or other 2-year degree) 2.0%

Online Medical Biller/Insurance Specialist Programs

In the 2019-2020 academic year, 234 schools offered some type of medical insurance specialist/medical biller program. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 0 0
Certificate (1-2 years) 167 8
Certificate (2-4 Years) 0 0
Associate’s Degree 31 8
Bachelor’s Degree 0 0
Post-Baccalaureate 0 0
Master’s Degree 0 0
Post-Master’s 0 0
Doctor’s Degree (Research) 0 0
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in Medical Biller/Insurance Specialist Worth It?

The median salary for a medical insurance specialist/medical biller grad is $37,090 per year. This is based on the weighted average of the most common careers associated with the major.

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You may also be interested in one of the following majors related to medical insurance specialist/medical biller.

Major Number of Grads
Health Care Management 28,132
Medical Insurance Coding Specialist/Coder 8,648
Health Information/Medical Records Technology/Technician 8,607
Medical Administrative/Executive Assistant & Medical Secretary 8,181
Medical Office Assistant/Specialist 4,793
Hospital & Health Care Facilities Administration/Management 4,284
Medical Office Management/Administration 3,474
Health Information Management 2,978
Other Health & Medical Administrative Services 2,148
Medical/Health Management & Clinical Assistant/Specialist 1,087
Medical Reception/Receptionist 693
Long Term Care Administration/Management 409
Clinical Research Coordinator 303
Medical Office Computer Specialist/Assistant 243
Medical Transcription/Transcriptionist 141
Health Unit Coordinator/Ward Clerk 114
Medical Staff Services Technology/Technician 28
Health/Medical Claims Examiner 15
Health Unit Manager/Ward Supervisor 12
Disease Registry Data Management 10

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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