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Medical Insurance Coding Specialist Major

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Medical Insurance Coding Specialist

1,652 Associates's Degrees Annually
#26 in Popularity (Associate's)
$34,540 Median Salary

Types of Degrees Medical Insurance Coding Specialist Majors Are Getting

The following table lists how many medical insurance coding specialist/coder graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Undergraduate Certificate 4,804
Basic Certificate 2,460
Associate’s Degree 1,669

What Medical Insurance Coding Specialist Majors Need to Know

People with careers related to medical insurance coding specialist/coder 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 Coding Specialist/Coder Majors

This major prepares you for careers in which these knowledge areas are important:

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  • 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.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • 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.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
  • Medicine and Dentistry - Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.

Skills for Medical Insurance Coding Specialist/Coder Majors

medical insurance coding specialist/coder majors are found most commonly in careers in which the following skills are important:

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  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • 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.
  • Social Perceptiveness - Being aware of others’ reactions and understanding why they react as they do.
  • Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Abilities for Medical Insurance Coding Specialist/Coder Majors

Medical Insurance Coding Specialist/Coder majors often go into careers where the following abilities are vital:

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  • Near Vision - The ability to see details at close range (within a few feet of the observer).
  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • 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.

What Can You Do With a Medical Insurance Coding Specialist Major?

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

Job Title Job Growth Rate Median Salary
Medical Assistants 29.0% $33,610
Medical Records and Health Information Technicians 13.5% $40,350

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

1,669 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 coding specialist/coder majors is as follows:

Racial-Ethnic Diversity of Medical Insurance Coding Specialist/Coder Students with Associate's Degrees
Race/Ethnicity Number of Grads
Asian 21
Black or African American 395
Hispanic or Latino 264
White 809
International Students 2
Other Races/Ethnicities 178

Geographic Diversity

Americans aren’t the only ones with an interest in Medical Insurance Coding Specialist/Coder. About 0.1% of those with this major are international students.

How Much Do Medical Insurance Coding Specialist Majors Make?

Salaries According to BLS

Medical Insurance Coding Specialist/Coder majors often go into careers where salaries can range from $34,540 to $44,010 (25th to 75th percentile). This range includes all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.

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 Insurance Coding Specialist Major  ( 34540 to 44010 )
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250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
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Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some degrees associated with medical insurance coding specialist/coder may require an advanced degree, while others may not even require a bachelor’s in the field. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

Find out what the typical degree level is for medical insurance coding specialist/coder careers below.

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Education Level Percentage of Workers
High School Diploma - or the equivalent (for example, GED) 32.7%
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) 34.2%
Some College Courses 15.0%
Associate’s Degree (or other 2-year degree) 19.3%
Bachelor’s Degree 0.3%

Online Medical Insurance Coding Specialist Programs

In the 2018-2019 academic year, 506 schools offered some type of medical insurance coding specialist/coder 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) 172 31
Certificate (1-2 years) 339 92
Certificate (2-4 Years) 4 0
Associate’s Degree 100 45
Bachelor’s Degree 0 0
Post-Baccalaureate 172 31
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 Insurance Coding Specialist Worth It?

The median salary for a medical insurance coding specialist/coder grad is $34,540 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 coding specialist/coder.

Major Number of Grads
Health Care Management 14,779
Medical Administrative/Executive Assistant & Medical Secretary 8,765
Health Information/Medical Records Technology/Technician 8,610
Medical Insurance Specialist/Medical Biller 7,619
Medical Office Assistant/Specialist 5,301
Medical Office Management/Administration 3,769
Hospital & Health Care Facilities Administration/Management 3,177
Health Information Management 2,233
Other Health & Medical Administrative Services 1,994
Medical/Health Management & Clinical Assistant/Specialist 1,258
Medical Reception/Receptionist 745
Long Term Care Administration/Management 269
Medical Office Computer Specialist/Assistant 268
Medical Transcription/Transcriptionist 186
Health Unit Coordinator/Ward Clerk 182
Clinical Research Coordinator 101
Medical Staff Services Technology/Technician 28
Health/Medical Claims Examiner 14
Health Unit Manager/Ward Supervisor 4

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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