Rater vs billing and insurance coordinator

The differences between raters and billing and insurance coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a rater and a billing and insurance coordinator. Additionally, a billing and insurance coordinator has an average salary of $41,141, which is higher than the $39,219 average annual salary of a rater.

The top three skills for a rater include data entry, ESL and insurance policies. The most important skills for a billing and insurance coordinator are patients, customer service, and data entry.

Rater vs billing and insurance coordinator overview

	Rater	Billing And Insurance Coordinator
Yearly salary	$39,219	$41,141
Hourly rate	$18.86	$19.78
Growth rate	-3%	-3%
Number of jobs	161	67,385
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 41%
Average age	46	46
Years of experience	2	2

What does a rater do?

The duties of a rater depend on one's line of work or industry of employment. Typically, it is their responsibility to rate products, services, or systems according to criteria or a set of standards, ensuring quality and compliance to regulations. There are also instances when a rater must maintain records of all transactions, assess documents, and report to managers or supervisors should there be any issues or concerns. Furthermore, a rater must also have an understanding of the task's objectives, including the company's policies and regulations.

What does a billing and insurance coordinator do?

A billing and insurance coordinator is responsible for coordinating with employees from different departments of an organization for billing and insurance processing purposes. Billing and insurance coordinators sort mail for distribution to appropriate personnel, performing administrative and clerical duties as needed, managing and releasing of invoices under the manager's supervision, and responding to employees' inquiries and concerns. A billing and insurance coordinator must be highly analytical, as well as have excellent knowledge of the insurance disciplines and processes to assist the employees with their payments and benefits.

Rater vs billing and insurance coordinator salary

Raters and billing and insurance coordinators have different pay scales, as shown below.

	Rater	Billing And Insurance Coordinator
Average salary	$39,219	$41,141
Salary range	Between $24,000 And $63,000	Between $27,000 And $60,000
Highest paying City	Boston, MA	Washington, DC
Highest paying state	Alaska	Maryland
Best paying company	Pharmaceutical Product Development	Kane Russell Coleman Logan
Best paying industry	-	Professional

Differences between rater and billing and insurance coordinator education

There are a few differences between a rater and a billing and insurance coordinator in terms of educational background:

	Rater	Billing And Insurance Coordinator
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Rater vs billing and insurance coordinator demographics

Here are the differences between raters' and billing and insurance coordinators' demographics:

	Rater	Billing And Insurance Coordinator
Average age	46	46
Gender ratio	Male, 27.6% Female, 72.4%	Male, 15.4% Female, 84.6%
Race ratio	Black or African American, 11.1% Unknown, 4.4% Hispanic or Latino, 15.3% Asian, 7.8% White, 60.4% American Indian and Alaska Native, 0.9%	Black or African American, 10.7% Unknown, 4.3% Hispanic or Latino, 21.6% Asian, 6.8% White, 55.9% American Indian and Alaska Native, 0.8%
LGBT Percentage	7%	7%

Differences between rater and billing and insurance coordinator duties and responsibilities

Rater example responsibilities.

Create and manage a file documentation checklist for all UW's and UT's.
Assess and score the written portion of the TOEFL Jr. exam
Train and process some DMV tasks to help out the team with the back log.
Review TOEFL speaking samples and assign the appropriate scores.
Research and gather information for underwriter (s) and CST.
Score students' essays and help place them in the appropriate ESL course.

Billing and insurance coordinator example responsibilities.

Develop a database to maintain/update all manage care, Medicare and Medicaid fee schedules for accessibility by physicians and administrators.
Look up for ICD-9 codes charges on a daily basic to verify that physicians post charges.
Enter new and verify insurance information, putting in ICD-9 codes, correcting location and too late to bill.
Instruct and supervise support staff in accurate CPT and ICD9 coding for the oncology department of a large medical clinic.
Research and resubmitted reject claims with correct diagnosis, CPT codes and erroneous demographics for deny charges to insurances for reprocessing.
Maintain strict patient confidentiality and adhere to HIPAA guidelines/regulations.

Rater vs billing and insurance coordinator skills

Common rater skills

Data Entry, 26%
ESL, 14%
Insurance Policies, 10%
Informed Consent, 7%
Clinical Trials, 5%
Auto Policies, 4%

Common billing and insurance coordinator skills

Patients, 16%
Customer Service, 12%
Data Entry, 7%
Billing System, 4%
Billing Issues, 4%
Medical Billing, 3%

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Rater vs Billing And Insurance Coordinator

Updated January 8, 2025

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