How Much Does a Medical Insurance Specialist Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Normal Confidence
$46,023/yr
Average Base Pay
Low $42,564
Average $46,023
High $50,006
The average salary for Medical Insurance Specialist is $46,023 per year in the United States.

Related Job Titles to Medical Insurance Specialist

Medical Insurance Claims Specialist
$46,023
US
Per Year
Medical Insurance Billing Specialist
$50,674
US
Per Year
Medical Insurance Verification Specialist
$50,674
US
Per Year
Medical Insurance Billing And Coding Specialist
$43,013
US
Per Year

Similar Job Salaries to Medical Insurance Specialist by Company

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Company average base salary in (usd) range
Allergic Diagnostic & Treatment Clinic
Medical Insurance Claim Specialist
$44,372/yr
$40,509
$48,236
RANGE: $40,509 - $48,236
Elite Specialty Care
Medical Insurance Specialist
$52,674/yr
$48,171
$57,176
RANGE: $48,171 - $57,176
Shin Imaging Center
Medical Insurance Verification Specialist
$53,272/yr
$48,255
$58,288
RANGE: $48,255 - $58,288
Head Spine Sport
Medical Receptionist/Insurance Specialist
$40,108/yr
$36,524
$43,692
RANGE: $36,524 - $43,692
Spartanburg and Greer Ear, Nose, and Throat
Medical Insurance Specialist
$43,777/yr
$39,680
$47,873
RANGE: $39,680 - $47,873
ProActive Heart & Vein Center
Medical Insurance Benefits Specialist
$48,447/yr
$43,767
$53,128
RANGE: $43,767 - $53,128
myeMED Management, LLC
Medical Insurance Benefits Specialist
$56,277/yr
$50,494
$62,061
RANGE: $50,494 - $62,061
ASD Far West Ops Support
Medical Insurance Collections Specialist
$47,969/yr
$41,796
$54,141
RANGE: $41,796 - $54,141
Advantage Resourcing
Medical Insurance Verification Specialist
$67,387/yr
$61,030
$73,744
RANGE: $61,030 - $73,744

What Does a Medical Insurance Specialist Do?

On the positive side, health insurance specialists earn an above-average hourly wage and have room for advancement into administration.
Updated December 22, 2021
To become a health insurance specialist, you will first want to decide that healthcare is the field for you.
Updated December 21, 2021
Health insurance specialists perform medical coding, process medical insurance claims, and keep patient records up to date.
Updated December 19, 2021
A health insurance specialist is a healthcare administration professional who helps patients with their medical insurance claims.
Updated December 18, 2021
When you first start working as a health insurance specialist, there may be a significant learning curve before you're fully on-board with all of your duties.
Updated December 15, 2021

Frequently Asked Questions About a Medical Insurance Specialist Salaries

What is the average of a Medical Insurance Specialist in the United States?

The Medical Insurance Specialist salary range is from $42,564 to $50,006, and the average Medical Insurance Specialist salary is $46,023/year in the United States. The Medical Insurance Specialist's salary will change in different locations.

Which location pays the highest Medical Insurance Specialist salary in the United States?

The Medical Insurance Specialist salary in San Jose, CA is $57,759 which is the highest in the US.

What kinds of reasons will influence the Medical Insurance Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Medical Insurance Specialist.

What is the growth rate of the Medical Insurance Specialist's salary?

If you are thinking of becoming a Medical Insurance Specialist or planning the next step in your career, find the detailed salary report of a Medical Insurance Specialist.

Recent Salary Report

Below are the most recent Medical Insurance Specialist salary reports. Employer name has been removed to protect anonymity.

$3,671 Monthly
A Medical Insurance Specialist in Rochester, NY reported making $3,671 per month
Rochester, NY
1,000 - 3,000 employees
Full-Time
Company - Public
$53,233 Yearly
A Medical Insurance Specialist in Phoenix, AZ reported making $53,233 per year
Phoenix, AZ
100 - 200 employees
Full-Time
Company - Private
$21 Hourly
A Medical Insurance Specialist in Daytona Beach, FL reported making $21 per hour
Daytona Beach, FL
7,6 - 15,000 employees
Part-Time
Company - Public
$44,053 Yearly
A Medical Insurance Specialist in Canton, MI reported making $44,053 per year
Canton, MI
200 - 6 employees
Full-Time
Company - Private
$43,621 Yearly
A Medical Insurance Specialist in Bloomfield, NJ reported making $43,621 per year
Bloomfield, NJ
6 - 1,000 employees
Full-Time
Company - Private
$25 Hourly
A Medical Insurance Specialist in Warwick, RI reported making $25 per hour
Warwick, RI
3,000 - 7,6 employees
Part-Time
Company - Public