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The differences between bill collectors and billing and insurance coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become a bill collector, becoming a billing and insurance coordinator takes usually requires 1-2 years. Additionally, a billing and insurance coordinator has an average salary of $41,141, which is higher than the $35,585 average annual salary of a bill collector.
The top three skills for a bill collector include patients, customer service and medicaid. The most important skills for a billing and insurance coordinator are patients, customer service, and data entry.
| Bill Collector | Billing And Insurance Coordinator | |
| Yearly salary | $35,585 | $41,141 |
| Hourly rate | $17.11 | $19.78 |
| Growth rate | -8% | -3% |
| Number of jobs | 23,746 | 67,385 |
| Job satisfaction | - | - |
| Most common degree | High School Diploma, 27% | Bachelor's Degree, 41% |
| Average age | 46 | 46 |
| Years of experience | 12 | 2 |
A bill collector is responsible for reaching out to the customers to collect overdue payments, negotiate repayment plans, and update account information upon settling of payments. Bill collectors monitor the contact details of the customer, utilizing locator tools and software as required by the organization, and review contract terms to decide on credit advice or escalate the issue to a higher tier. A bill collector must have excellent communication and customer service skills, especially in explaining the customer's case and perform debt collection duties efficiently.
A billing and insurance coordinator is responsible for coordinating with employees from different departments of an organization for billing and insurance processing purposes. Billing and insurance coordinators sort mail for distribution to appropriate personnel, performing administrative and clerical duties as needed, managing and releasing of invoices under the manager's supervision, and responding to employees' inquiries and concerns. A billing and insurance coordinator must be highly analytical, as well as have excellent knowledge of the insurance disciplines and processes to assist the employees with their payments and benefits.
Bill collectors and billing and insurance coordinators have different pay scales, as shown below.
| Bill Collector | Billing And Insurance Coordinator | |
| Average salary | $35,585 | $41,141 |
| Salary range | Between $30,000 And $40,000 | Between $27,000 And $60,000 |
| Highest paying City | Pittsfield, MA | Washington, DC |
| Highest paying state | Virginia | Maryland |
| Best paying company | Retina Group Of Washington | Kane Russell Coleman Logan |
| Best paying industry | Finance | Professional |
There are a few differences between a bill collector and a billing and insurance coordinator in terms of educational background:
| Bill Collector | Billing And Insurance Coordinator | |
| Most common degree | High School Diploma, 27% | Bachelor's Degree, 41% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between bill collectors' and billing and insurance coordinators' demographics:
| Bill Collector | Billing And Insurance Coordinator | |
| Average age | 46 | 46 |
| Gender ratio | Male, 20.0% Female, 80.0% | Male, 15.4% Female, 84.6% |
| Race ratio | Black or African American, 11.8% Unknown, 4.0% Hispanic or Latino, 24.0% Asian, 3.5% White, 56.3% American Indian and Alaska Native, 0.5% | Black or African American, 10.7% Unknown, 4.3% Hispanic or Latino, 21.6% Asian, 6.8% White, 55.9% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 8% | 7% |