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Insurance processor vs insurance biller

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 vs insurance biller overview

Insurance ProcessorInsurance Biller
Yearly salary$33,041$35,822
Hourly rate$15.89$17.22
Growth rate-3%-3%
Number of jobs50,52384,361
Job satisfaction--
Most common degreeBachelor's Degree, 33%High School Diploma, 26%
Average age4444
Years of experience44

What does an insurance processor do?

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.

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.

Insurance processor vs insurance biller salary

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

Insurance ProcessorInsurance Biller
Average salary$33,041$35,822
Salary rangeBetween $28,000 And $38,000Between $28,000 And $44,000
Highest paying CityLeawood, KS-
Highest paying stateConnecticut-
Best paying companyMoore County Hospital District-
Best paying industryFinance-

Differences between insurance processor and insurance biller education

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

Insurance ProcessorInsurance Biller
Most common degreeBachelor's Degree, 33%High School Diploma, 26%
Most common majorBusinessBusiness
Most common college--

Insurance processor vs insurance biller demographics

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

Insurance ProcessorInsurance Biller
Average age4444
Gender ratioMale, 16.3% Female, 83.7%Male, 6.9% Female, 93.1%
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 processor and insurance biller duties and responsibilities

Insurance processor example responsibilities.

  • Manage database by processing renewals and endorsements.
  • Input and process all dental claims, through electronic and paper submission, to private insurance companies and Medicaid.
  • Maintain patient privacy and confidentiality complaint with HIPPA regulations.
  • Work directly with mortgage lenders and foreclosure attorneys to negotiate timely and cost effective repayment plans or modifications for delinquent loans.
  • Handle a substantial amount of Allstate customers, third party carriers, and others who need assistance to file a claim.

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

Insurance processor vs insurance biller skills

Common insurance processor skills
  • Data Entry, 18%
  • Customer Service, 12%
  • Phone Calls, 9%
  • Outbound Calls, 9%
  • Insurance Claims, 6%
  • Insurance Coverage, 5%
Common insurance biller skills
  • Patients, 15%
  • Medical Terminology, 10%
  • CPT, 8%
  • Medi-Cal, 6%
  • Data Entry, 5%
  • Insurance Claims, 5%

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