What is a Medical Insurance Specialist and Medical Biller?
Medical Insurance Specialist and Medical Biller is a field of study blending medical insurance demands and administrative support of a healthcare entity. A medical billing specialist is tasked to process insurance claims and follow up on active claims after being sent to a health insurance company for services rendered. While a medical insurance specialist and medical biller will handle the flow of the billing statements, a medical insurance coding specialist is tasked with the responsibility to capture a patient’s story by using the correct codes to create a specific narrative for each person. In order for the proper reimbursement to be issued in a timely fashion, these codes must be entered in a manner that is specific as possible.
A Medical Insurance Specialist and Medical Biller program will prepare students for a variety of healthcare environments that may include: hospitals, clinics, urgent care facilities, and public health departments. While the job responsibilities of a Medical Insurance Specialist and Medical Biller will vary from location to location, programs will likely include preparatory courses in medical terminology, introduction to health care, medical office systems, healthcare office systems, medical office billing, and healthcare office billing to name a few. To learn more about the difference between the medical insurance specialist and medical biller track versus medical insurance coding, visit our blog here.
In terms of educational requirements, Medical Insurance Specialist and Medical Biller degree holders will have typically studied the following courses while in college:
Skills & Abilities Required
Complex Problem Solving
Online Colleges Offering Degrees in Medical Insurance Specialist and Medical Biller
Employment Information & Specialization
For students that earn a college degree in Medical Insurance Specialist and Medical Biller, there are several fields of specialization that one can pursue. The options range from administrative assistant, bookkeeper, auditing clerk, information clerk, medical record technician, medical transcriptionist, paralegal, health information technician, receptionist, medical billing specialist, medical insurance coding, and medical billing specialist to name a few possible career tracks.
Job Growth, Salary, and Related Fields
The job growth in the greater Medical Insurance Specialist and Medical Biller domain are well above average adding over 115,000 jobs through 2024. Further, the rate of job growth for medical insurance specialists is expected to rise 15% through 2024 and paralegals an 8% growth rate is expected during the same period. Given the broad nature of the Medical Insurance Specialist and Medical Biller degree, compensation after graduation can vary greatly from career field to career field given prior experience and geographic location. Related fields include teaching, research, healthcare, medical clinics, billing, bookkeeping, accounting, and medical transcription.