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Insurance billing clerk vs medical collector

The differences between insurance billing clerks and medical collectors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become an insurance billing clerk, becoming a medical collector takes usually requires 6-12 months. Additionally, a medical collector has an average salary of $36,235, which is higher than the $27,713 average annual salary of an insurance billing clerk.

The top three skills for an insurance billing clerk include patients, scheduling appointments and CPT. The most important skills for a medical collector are patients, healthcare, and customer service.

Insurance billing clerk vs medical collector overview

Insurance Billing ClerkMedical Collector
Yearly salary$27,713$36,235
Hourly rate$13.32$17.42
Growth rate-3%-8%
Number of jobs118,44473,797
Job satisfaction--
Most common degreeAssociate Degree, 32%Bachelor's Degree, 24%
Average age4646
Years of experience212

Insurance billing clerk vs medical collector salary

Insurance billing clerks and medical collectors have different pay scales, as shown below.

Insurance Billing ClerkMedical Collector
Average salary$27,713$36,235
Salary rangeBetween $20,000 And $38,000Between $30,000 And $42,000
Highest paying City-Arlington Heights, IL
Highest paying state-Illinois
Best paying company-Addison Group
Best paying industry-Finance

Differences between insurance billing clerk and medical collector education

There are a few differences between an insurance billing clerk and a medical collector in terms of educational background:

Insurance Billing ClerkMedical Collector
Most common degreeAssociate Degree, 32%Bachelor's Degree, 24%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Insurance billing clerk vs medical collector demographics

Here are the differences between insurance billing clerks' and medical collectors' demographics:

Insurance Billing ClerkMedical Collector
Average age4646
Gender ratioMale, 4.7% Female, 95.3%Male, 18.0% Female, 82.0%
Race ratioBlack or African American, 13.1% Unknown, 4.2% Hispanic or Latino, 16.5% Asian, 7.5% White, 57.9% American Indian and Alaska Native, 0.8%Black or African American, 13.6% Unknown, 3.9% Hispanic or Latino, 22.6% Asian, 3.3% White, 56.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between insurance billing clerk and medical collector duties and responsibilities

Insurance billing clerk example responsibilities.

  • Manage the patient education program, responsible for ensuring patients are fully educate regarding medical conditions and prescribe medications.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Receive knowledge of CPT and ICD-9 codes used for insurance billing purposes.
  • Verify Medicaid insurance eligibility prior to dispensing patient's orders.
  • Maintain direct responsibility for contacting both patients and insurance carriers in a timely matter regarding ineligibility.
  • Submit secondary insurance after primary has paid and submit EOB's with insurance forms.
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Medical collector example responsibilities.

  • Use EMR software to manage patient records and files; reinforce and uphold patient confidentiality as required by HIPAA and clinic.
  • Perform as a mediator between insurance companies and patients collecting nationwide extensive medical bills.
  • Utilize A/R reports and identify accounts that are past payments.
  • Maintain a filing system of clients' medical records and disclosure following HIPPA guidelines.
  • Post appropriate adjustment types and carrier payments to accounts for true A/R account balance reflection.
  • Maintain strict confidentiality; adhering to all HIPAA guidelines/regulations.
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Insurance billing clerk vs medical collector skills

Common insurance billing clerk skills
  • Patients, 28%
  • Scheduling Appointments, 6%
  • CPT, 6%
  • Patient Appointments, 5%
  • Medicaid, 5%
  • Patient Registration, 4%
Common medical collector skills
  • Patients, 22%
  • Healthcare, 9%
  • Customer Service, 7%
  • Medical Collections, 5%
  • Appeals, 5%
  • Medicaid, 4%

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