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Insurance biller vs medical claims processor

The differences between insurance billers and medical claims processors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an insurance biller and a medical claims processor. Additionally, a medical claims processor has an average salary of $36,777, which is higher than the $35,822 average annual salary of an insurance biller.

The top three skills for an insurance biller include patients, medical terminology and CPT. The most important skills for a medical claims processor are patients, healthcare, and data entry.

Insurance biller vs medical claims processor overview

Insurance BillerMedical Claims Processor
Yearly salary$35,822$36,777
Hourly rate$17.22$17.68
Growth rate-3%-3%
Number of jobs84,36159,992
Job satisfaction--
Most common degreeHigh School Diploma, 26%Bachelor's Degree, 29%
Average age4444
Years of experience44

What does an insurance biller do?

An insurance biller is responsible for making daily reviews and processing documents concerning the insurance payment and bills of a client. They assess if all requirements are correct and complete, obtain different referrals and authorization papers, and prepare and transmit document claims using a particular software. Also, they do follow ups regarding unpaid claims and update spreadsheets for record purposes.

What does a medical claims processor do?

A medical claims processor has working knowledge of medical billing and coding. The qualifications for this position include knowledge of current procedural terminology (CPT) and international classification of diseases (ICD) coding systems. They are responsible for processing claims forms, adjudicating the allocation of deductibles and copays, and following through with adjudication policies to facilitate proper payment of claims.

Insurance biller vs medical claims processor salary

Insurance billers and medical claims processors have different pay scales, as shown below.

Insurance BillerMedical Claims Processor
Average salary$35,822$36,777
Salary rangeBetween $28,000 And $44,000Between $29,000 And $45,000
Highest paying City-Dover, DE
Highest paying state-Delaware
Best paying company-Cognizant
Best paying industry-Government

Differences between insurance biller and medical claims processor education

There are a few differences between an insurance biller and a medical claims processor in terms of educational background:

Insurance BillerMedical Claims Processor
Most common degreeHigh School Diploma, 26%Bachelor's Degree, 29%
Most common majorBusinessBusiness
Most common college--

Insurance biller vs medical claims processor demographics

Here are the differences between insurance billers' and medical claims processors' demographics:

Insurance BillerMedical Claims Processor
Average age4444
Gender ratioMale, 6.9% Female, 93.1%Male, 16.0% Female, 84.0%
Race ratioBlack or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%
LGBT Percentage11%11%

Differences between insurance biller and medical claims processor duties and responsibilities

Insurance biller example responsibilities.

  • Use EMR software to manage patient records and files; reinforce and uphold patient confidentiality as required by HIPAA and clinic.
  • Utilize ICD-9 and CPT codes, enter charges, and send statements for billing purposes.
  • Process monetary transactions, insurance payments and enter into bookkeeping ledgers and monthly statements to patients.
  • Submit medical claims for reimbursement on medical services provide to patients by medical provider for reimbursement.
  • Code and post hospital and office charges using ICD-9, CPT-4.
  • Look up ICD-9 codes to verify if a code has been change and enter.
  • Show more

Medical claims processor example responsibilities.

  • Enter UB 92 and 1500 HCFA medical claims into computer system manage and process insurance claims.
  • Manage cases by aggressively directing the litigation process.
  • Submit medical claims to commercial insurance companies, Medicare, and Medicaid for payment with use of ICD-9 and CPT coding.
  • Review and verify patient account information against insurance program specifications, analyze surgical procedures and diagnoses using CPT-4 and ICD-9 codes.
  • Acknowledge and enforces confidentiality in alignment with (HIPPA) guidelines.
  • Audit encounters and ICD-10 codes to ensure correct coding and maximum reimbursement.
  • Show more

Insurance biller vs medical claims processor skills

Common insurance biller skills
  • Patients, 15%
  • Medical Terminology, 10%
  • CPT, 8%
  • Medi-Cal, 6%
  • Data Entry, 5%
  • Insurance Claims, 5%
Common medical claims processor skills
  • Patients, 13%
  • Healthcare, 10%
  • Data Entry, 10%
  • Medical Insurance Claims, 9%
  • Medical Terminology, 6%
  • Customer Service, 3%

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