Medical insurance coder vs medical billing and coding externship

The differences between medical insurance coders and medical billing and coding externships can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a medical insurance coder and a medical billing and coding externship. Additionally, a medical billing and coding externship has an average salary of $36,112, which is higher than the $32,709 average annual salary of a medical insurance coder.

The top three skills for a medical insurance coder include patients, insurance verification and medicaid. The most important skills for a medical billing and coding externship are patients, insurance eligibility, and data entry.

Medical insurance coder vs medical billing and coding externship overview

	Medical Insurance Coder	Medical Billing And Coding Externship
Yearly salary	$32,709	$36,112
Hourly rate	$15.73	$17.36
Growth rate	-3%	-3%
Number of jobs	81,028	98,089
Job satisfaction	-	-
Most common degree	Associate Degree, 33%	Diploma, 43%
Average age	46	46
Years of experience	2	2

Medical insurance coder vs medical billing and coding externship salary

Medical insurance coders and medical billing and coding externships have different pay scales, as shown below.

	Medical Insurance Coder	Medical Billing And Coding Externship
Average salary	$32,709	$36,112
Salary range	Between $27,000 And $38,000	Between $30,000 And $42,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between medical insurance coder and medical billing and coding externship education

There are a few differences between a medical insurance coder and a medical billing and coding externship in terms of educational background:

	Medical Insurance Coder	Medical Billing And Coding Externship
Most common degree	Associate Degree, 33%	Diploma, 43%
Most common major	Health Care Administration	Health Care Administration
Most common college	University of Pennsylvania	Boston University

Medical insurance coder vs medical billing and coding externship demographics

Here are the differences between medical insurance coders' and medical billing and coding externships' demographics:

	Medical Insurance Coder	Medical Billing And Coding Externship
Average age	46	46
Gender ratio	Male, 10.8% Female, 89.2%	Male, 11.8% Female, 88.2%
Race ratio	Black or African American, 12.1% Unknown, 4.3% Hispanic or Latino, 18.1% Asian, 6.8% White, 57.9% American Indian and Alaska Native, 0.8%	Black or African American, 10.6% Unknown, 4.3% Hispanic or Latino, 21.8% Asian, 6.8% White, 55.7% American Indian and Alaska Native, 0.8%
LGBT Percentage	7%	7%

Differences between medical insurance coder and medical billing and coding externship duties and responsibilities

Medical insurance coder example responsibilities.

Assign to PacifiCare of Washington a medical insurance manage care plan (HMO).
Manage chart completion (ICD-9-CM and CPT coding/abstracting), chart assembly and analysis, patient admission and patient information privacy/security.
Maintain and update ICD-9, CPT-4 & HCPCS coding for practice.
Bill major insurance carriers and Medicaid using ICD-9 and CPT codes.
Deliver explanation of insurance coverage and patient responsibilities to patients base on their policy.
Determine diagnosis and E/M level.

Medical billing and coding externship example responsibilities.

Manage chart completion (ICD-9-CM and CPT coding/abstracting), chart assembly and analysis, patient admission and patient information privacy/security.
Verify correct ICD-10 and CPT codes for a variety of specialties.
Review physicians' appointment notes to determine appropriate ICD-9 and HCPCS code for the medical service render.
Identify and code the principal diagnosis and procedures using ICD-9-CM and CPT-4 codes to each patient's medical records
Perform billing and collection procedures, utilize CPT-4 and ICD-9 coding, insurance claim preparation, processing and follow-ups.
Resolve and research of insurance denials, rejections, providing correction of claims, involving CPT and HCPCS codes.

Medical insurance coder vs medical billing and coding externship skills

Common medical insurance coder skills

Patients, 19%
Insurance Verification, 11%
Medicaid, 6%
Patient Accounts, 5%
Customer Service, 5%
Medical Insurance Claims, 5%

Common medical billing and coding externship skills

Patients, 23%
Insurance Eligibility, 6%
Data Entry, 5%
EOB, 5%
Insurance Verification, 4%
CPT-4, 3%

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Medical Insurance Coder
Medical Insurance Coder vs Medical Billing And Coding Externship

Updated January 8, 2025

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