Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between medical billing clerks and insurance coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a medical billing clerk, becoming an insurance coordinator takes usually requires 2-4 years. Additionally, a medical billing clerk has an average salary of $33,566, which is higher than the $32,788 average annual salary of an insurance coordinator.
The top three skills for a medical billing clerk include patients, medical billing and healthcare. The most important skills for an insurance coordinator are patients, customer service, and insurance verification.
| Medical Billing Clerk | Insurance Coordinator | |
| Yearly salary | $33,566 | $32,788 |
| Hourly rate | $16.14 | $15.76 |
| Growth rate | -3% | -3% |
| Number of jobs | 164,870 | 108,509 |
| Job satisfaction | - | - |
| Most common degree | Associate Degree, 30% | Bachelor's Degree, 36% |
| Average age | 46 | 44 |
| Years of experience | 2 | 4 |
A medical billing clerk is primarily in charge of processing payments and creating billing arrangements in clinics and hospitals. Among their responsibilities include gathering and verifying patient identification, handling insurance information, coding, updating databases, and maintaining records. It is also their responsibility to assist patients by filling out forms, answering their inquiries, and referring them to other services. Moreover, a medical billing clerk must monitor patient accounts and follow-up on delinquent patient accounts, coordinating with collection agencies as needed.
An insurance coordinator is responsible for evaluating and validating insurance information to verify claims and process the necessary claims resolutions for parties. Insurance coordinators submit claims statements timely to the insurance officers for review, coordinate with the clients for inquiries and updates, and reach out to medical institutions for accurate filing of payments. An insurance coordinator must have excellent communication and analytical skills to assess reports, resolve claims discrepancies, and escalate high-level complaints to the officers for immediate action.
Medical billing clerks and insurance coordinators have different pay scales, as shown below.
| Medical Billing Clerk | Insurance Coordinator | |
| Average salary | $33,566 | $32,788 |
| Salary range | Between $27,000 And $40,000 | Between $25,000 And $41,000 |
| Highest paying City | San Leandro, CA | Oakland, CA |
| Highest paying state | Washington | New Hampshire |
| Best paying company | iCare | University of California, Berkeley |
| Best paying industry | Health Care | Pharmaceutical |
There are a few differences between a medical billing clerk and an insurance coordinator in terms of educational background:
| Medical Billing Clerk | Insurance Coordinator | |
| Most common degree | Associate Degree, 30% | Bachelor's Degree, 36% |
| Most common major | Health Care Administration | Business |
| Most common college | Stanford University | - |
Here are the differences between medical billing clerks' and insurance coordinators' demographics:
| Medical Billing Clerk | Insurance Coordinator | |
| Average age | 46 | 44 |
| Gender ratio | Male, 11.3% Female, 88.7% | Male, 9.9% Female, 90.1% |
| Race ratio | Black or African American, 10.4% Unknown, 4.3% Hispanic or Latino, 21.9% Asian, 6.8% White, 55.8% American Indian and Alaska Native, 0.8% | 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 | 7% | 11% |