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Medical insurance biller vs medical collector

The differences between medical insurance billers 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 a medical insurance biller, becoming a medical collector takes usually requires 6-12 months. Additionally, a medical insurance biller has an average salary of $36,575, which is higher than the $36,235 average annual salary of a medical collector.

The top three skills for a medical insurance biller include patients, medical terminology and appeals. The most important skills for a medical collector are patients, healthcare, and customer service.

Medical insurance biller vs medical collector overview

Medical Insurance BillerMedical Collector
Yearly salary$36,575$36,235
Hourly rate$17.58$17.42
Growth rate-3%-8%
Number of jobs128,30073,797
Job satisfaction--
Most common degreeDiploma, 29%Bachelor's Degree, 24%
Average age4646
Years of experience212

Medical insurance biller vs medical collector salary

Medical insurance billers and medical collectors have different pay scales, as shown below.

Medical Insurance BillerMedical Collector
Average salary$36,575$36,235
Salary rangeBetween $31,000 And $42,000Between $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 medical insurance biller and medical collector education

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

Medical Insurance BillerMedical Collector
Most common degreeDiploma, 29%Bachelor's Degree, 24%
Most common majorInsuranceBusiness
Most common collegeUniversity of Pennsylvania-

Medical insurance biller vs medical collector demographics

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

Medical Insurance BillerMedical Collector
Average age4646
Gender ratioMale, 10.0% Female, 90.0%Male, 18.0% Female, 82.0%
Race ratioBlack or African American, 10.7% Unknown, 4.3% Hispanic or Latino, 21.0% Asian, 7.0% White, 56.1% American Indian and Alaska Native, 0.9%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 medical insurance biller and medical collector duties and responsibilities

Medical insurance biller example responsibilities.

  • Manage all aspects of AR including writing letters for medical necessity, claim denials, bundling issues and charge capture.
  • Work on computer systems Laserfiche and MedFm
  • Update patient demographic and create new accounts in AS400.
  • Address student's concerns, work with academic and attendance appeals boards.
  • Download and organize charts from hospital's website into Laserfiche before coding.
  • Require the ability to read and analyze EOB's from all insurance companies.
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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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Medical insurance biller vs medical collector skills

Common medical insurance biller skills
  • Patients, 26%
  • Medical Terminology, 5%
  • Appeals, 5%
  • Data Entry, 5%
  • Medicaid, 4%
  • Insurance Carriers, 4%
Common medical collector skills
  • Patients, 22%
  • Healthcare, 9%
  • Customer Service, 7%
  • Medical Collections, 5%
  • Appeals, 5%
  • Medicaid, 4%

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