Insurance Billing and Coding Specialist III Salary in the United States

How much does an Insurance Billing and Coding Specialist III make in the United States?

As of August 01, 2026, the average salary for an Insurance Billing and Coding Specialist III in the United States is $51,200 per year, which breaks down to an hourly rate of $25.

However, an Insurance Billing and Coding Specialist III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $60,752
  • Majority Range (25th-75th percentile): $47,300 to $56,200
  • Entry-Level (10th percentile): $43,749
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View as table View as graph 25% $47,300 10% $43,749 90% $60,752 75% $56,200 $51,200 50%(Median) Didn’t find job title? Click

Insurance Billing and Coding Specialist III Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $56,200 $4,683 $1,081 $27
Average $51,200 $4,267 $985 $25
25th Percentile $47,300 $3,942 $910 $23
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Key Factors That Influence Insurance Billing and Coding Specialist III Salaries

An Insurance Billing and Coding Specialist III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects Insurance Billing and Coding Specialist Salaries?

Experience is a primary driver of an Insurance Billing and Coding Specialist III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Insurance Billing and Coding Specialist I (0-2 years): $41,058
  • Insurance Billing and Coding Specialist II (2-4 years): $45,783
  • Insurance Billing and Coding Specialist III (4-7 years): $51,140
Job Role Years of Experience Average Salary
Insurance Billing and Coding Specialist I0-2 years$41,058
Insurance Billing and Coding Specialist II2-4 years$45,783
Insurance Billing and Coding Specialist III4-7 years$51,140
$41,058 Insurance...
$45,783 Insurance...
$51,140 Insurance...
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What Am I Worth?

How Do Insurance Billing and Coding Specialist III Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Billing and Coding Specialist IIIs. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $56,700.
  • California: $56,500.
  • Massachusetts: $55,700.

Top Paying Cities for Insurance Billing and Coding Specialist IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $64,600
  • San Francisco: $63,800
  • Oakland: $62,500

Insurance Billing and Coding Specialist III Salary by Company Size: Startups vs. Enterprise

Insurance Billing and Coding Specialist III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $57,315. While startup companies pay approximate $48,488.

Insurance Billing and Coding Specialist III Salary by Company Size

Company Size Employees Average Salary
Startup1~50$48,488
Growth Stage51~500$51,281
Established501~5000$55,348
Enterprise5000+$57,315

Insurance Billing and Coding Specialist III Salary by Industry: Top Paying Sectors

For Insurance Billing and Coding Specialist III roles, the industry you choose can affect earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Software & Networking sectors offer the strongest compensation, at 15% above the average. In contrast, Insurance Billing and Coding Specialist positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Insurance Billing and Coding Specialist III as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Billing and Coding Specialist III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals$58,880$28.015%
Software & Networking$58,880$28.015%
Biotechnology$56,320$27.010%
Chemicals$56,320$27.010%
Energy & Utilities$56,320$27.010%

Insurance Billing and Coding Specialist III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Billing and Coding Specialist III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

Most common benefits for Insurance Billing and Coding Specialist III

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Insurance Billing and Coding Specialist III

Here are companies hiring for Insurance Billing and Coding Specialist III and their salaries, click below for more details.

Find Your Next Insurance Billing and Coding Specialist III Job

Ready to take the next step in your career? Browse thousands of current Insurance Billing and Coding Specialist III job openings on our job board. Use the search bar below to find your perfect match.

United States
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FAQ about Insurance Billing and Coding Specialist III

1. What industry pays the highest salary for Insurance Billing and Coding Specialist III?

The Pharmaceuticals industry offers the highest average compensation for Insurance Billing and Coding Specialist III roles, with salaries approximately 15% above the market median.

2. What is the highest paying medical coding and billing?

The highest paying position in medical coding and billing is typically that of an Insurance Billing and Coding Specialist. The salary range for this role is between $53,700 and $64,000, with a median salary of approximately $58,000. This reflects the demand and expertise required in the field, making it a lucrative career choice.

3. Is insurance coding difficult?

A: The field can be demanding, requiring proficiency in medical terminology, coding systems, and technology. Main challenges include interpreting complex medical records, managing high work volumes, and adapting to changes in coding guidelines. Insurance Billing and Coding Specialists typically earn between $53,700 and $64,000, with a median salary of $58,000.

4. Is insurance coding difficult?

A: The field can be demanding, requiring proficiency in medical terminology, coding systems, and technology. Main challenges include interpreting complex medical records, managing high work volumes, and adapting to changes in coding guidelines. Salaries for Insurance Billing and Coding Specialists range from $53,700 to $64,000, with a median of $58,000.

5. How much do medical billing and coding specialists make in the US?

Medical billing and coding specialists in the US earn between $53,700 and $64,000 annually, with a median salary of $58,000. Factors such as experience, location, and certifications can influence these earnings, making it essential to consider these elements when evaluating potential income in this field.

6. How much do medical billing and coding specialists make in the US?

Medical billing and coding specialists in the US earn between $53,700 and $64,000 annually, with a median salary of $58,000. Factors such as experience, location, and certifications can influence these earnings, making it essential to consider these variables when evaluating potential income in this field.

7. Can medical coders work from home?

Medical coders and billers are essential to the healthcare industry, and their roles can be performed remotely, making it an appealing option for those seeking work-from-home opportunities. With salaries ranging from $53,700 to $64,000, this profession offers a competitive income while providing flexibility in the work environment.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

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