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Medical insurance coder vs medical collector

The differences between medical insurance coders 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 coder, becoming a medical collector takes usually requires 6-12 months. Additionally, a medical collector has an average salary of $36,235, 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 collector are patients, healthcare, and customer service.

Medical insurance coder vs medical collector overview

Medical Insurance CoderMedical Collector
Yearly salary$32,709$36,235
Hourly rate$15.73$17.42
Growth rate-3%-8%
Number of jobs81,02873,797
Job satisfaction--
Most common degreeAssociate Degree, 33%Bachelor's Degree, 24%
Average age4646
Years of experience212

Medical insurance coder vs medical collector salary

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

Medical Insurance CoderMedical Collector
Average salary$32,709$36,235
Salary rangeBetween $27,000 And $38,000Between $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 coder and medical collector education

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

Medical Insurance CoderMedical Collector
Most common degreeAssociate Degree, 33%Bachelor's Degree, 24%
Most common majorHealth Care AdministrationBusiness
Most common collegeUniversity of Pennsylvania-

Medical insurance coder vs medical collector demographics

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

Medical Insurance CoderMedical Collector
Average age4646
Gender ratioMale, 10.8% Female, 89.2%Male, 18.0% Female, 82.0%
Race ratioBlack 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, 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 coder and medical collector 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.
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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 coder vs medical collector 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 collector skills
  • Patients, 22%
  • Healthcare, 9%
  • Customer Service, 7%
  • Medical Collections, 5%
  • Appeals, 5%
  • Medicaid, 4%

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