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The differences between insurance processors and insurance billers 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 processor and an insurance biller. Additionally, an insurance biller has an average salary of $35,822, which is higher than the $33,041 average annual salary of an insurance processor.
The top three skills for an insurance processor include data entry, customer service and phone calls. The most important skills for an insurance biller are patients, medical terminology, and CPT.
| Insurance Processor | Insurance Biller | |
| Yearly salary | $33,041 | $35,822 |
| Hourly rate | $15.89 | $17.22 |
| Growth rate | -3% | -3% |
| Number of jobs | 50,523 | 84,361 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 33% | High School Diploma, 26% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Insurance Processors deal with the processing of insurance applications, amendments of policies, changes, and cancellations. An Insurance Processor works with the client to choose the best insurance package and advise them on how to maximize their benefits. Clients need to understand the insurance process by answering inquiries. It is also essential that an Insurance Processor work hand in hand with the client, guiding them through the process, explaining all crucial parts of the insurance to establish trust in you and the company.
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.
Insurance processors and insurance billers have different pay scales, as shown below.
| Insurance Processor | Insurance Biller | |
| Average salary | $33,041 | $35,822 |
| Salary range | Between $28,000 And $38,000 | Between $28,000 And $44,000 |
| Highest paying City | Leawood, KS | - |
| Highest paying state | Connecticut | - |
| Best paying company | Moore County Hospital District | - |
| Best paying industry | Finance | - |
There are a few differences between an insurance processor and an insurance biller in terms of educational background:
| Insurance Processor | Insurance Biller | |
| Most common degree | Bachelor's Degree, 33% | High School Diploma, 26% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between insurance processors' and insurance billers' demographics:
| Insurance Processor | Insurance Biller | |
| Average age | 44 | 44 |
| Gender ratio | Male, 16.3% Female, 83.7% | Male, 6.9% Female, 93.1% |
| Race ratio | 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% | 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 Percentage | 11% | 11% |