Salary Insights: Medical Insurance Specialists' Earnings

how much does a medical insurance specialist make

The salary of a medical insurance specialist in the United States varies depending on location and experience. The average annual salary for a medical insurance specialist ranges from $37,228 to $85,888, with the possibility of earning up to $155,500. The average hourly rate for a medical office insurance specialist is $12.26. The base salary for insurance specialists ranges from $59,165 to $76,528, with an average of $69,334.

Characteristics Values
Average annual salary (US) $52,512 to $69,334
Average hourly salary (US) $12.26
Average annual salary range (US) $59,165 to $76,528
Average total cash compensation (US) $71,504
Average annual salary in Chicago, IL (US) $88,477
National average annual salary (US) $85,888
National average annual salary (US) as of October 2022 $54,384
National lowest annual salary (US) as of October 2022 $31,543
National highest annual salary (US) as of October 2022 $94,046

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Average salary

The average salary for a medical insurance specialist in the United States varies depending on the source and the date of publication. According to ZipRecruiter, as of March 2025, the national average annual salary for a health insurance specialist is $85,888, with salaries ranging from $32,000 to $155,500. In Chicago, the average salary is slightly higher at $88,477 per year.

On the other hand, Salary.com reported in December 2024 that the average annual salary for an insurance specialist was $69,334, with a base salary range of $59,165 to $76,528. The total cash compensation, which includes base pay and annual incentives, can range from $61,562 to $79,707, with an average of $71,504.

Glassdoor reported in August 2022 that the average annual salary for an insurance specialist was $39,655, with a total estimated pay of $58,090. This includes additional compensation such as cash bonuses, commission, tips, and profit sharing.

Additionally, the average hourly salary for a medical office insurance specialist in the US is $12.26, according to ZipRecruiter. The average salary for this position can vary by location, with some cities offering higher salaries than the national average. However, the difference in average salary between the top-paying cities is relatively small, ranging from 5% to 6% variation, indicating limited potential for wage advancement solely based on location.

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Salary range

The salary range for a medical insurance specialist varies depending on the source and the date of publication. According to ZipRecruiter, as of March 2025, the salary range for a health insurance specialist is between $32,000 and $155,500 per year, with the majority of salaries ranging from $51,500 to $100,000 per year. The average salary for a health insurance specialist is reported to be $85,888 per year, while a health insurance specialist in Chicago, IL, earns on average $88,477 per year.

In contrast, Glassdoor reported in August 2022 that the average salary for an insurance specialist was $39,655 per year, with a total estimated pay of $58,090 per year, including additional compensation such as cash bonuses, commission, tips, and profit sharing.

Salary.com reported in December 2024 that the average annual salary for an insurance specialist was $69,334, with a base salary range of $59,165 to $76,528. The total cash compensation, including base and annual incentives, could range from $61,562 to $79,707, with an average of $71,504.

According to another source, the average salary for an insurance specialist is $52,512 per year. Additionally, the average hourly salary for a medical office insurance specialist job in the US is $12.26. The average salary for a medical office insurance specialist is reported to be $37,228, with medical manager jobs paying significantly more at $92,054 per year.

It is important to note that salary estimates may vary based on factors such as location, cost of living, skill level, and years of experience.

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Highest-paying cities

The salary of a medical insurance specialist in the United States can vary depending on location and years of experience. While the national average salary for a health insurance specialist is $54,384 per year, the top ten highest-paying cities have average salaries higher than this, ranging from $37,228 to $85,888.

Chicago, Illinois, and its surrounding area is a very active job market for health insurance specialists, with an average salary of $88,477 per year, which is $1 (0.014%) more than the national average. This is the highest-paying state for health insurance specialists.

Nome, Alaska, has the highest salary for the top ten highest-paying cities for medical office insurance specialists, with an average of $39,228. Waimea, Hawaii, has the lowest average salary of $33,000, which is a 6% difference between the two locations.

According to ZipRecruiter, annual salaries for health insurance specialists can be as high as $155,500 and as low as $32,000. The majority of salaries range from $51,500 (25th percentile) to $100,000 (75th percentile), with the top 10% of earners making $132,500 annually across the United States.

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Highest-paying employers

The salary of a medical insurance specialist in the United States varies depending on various factors such as location, skill level, and years of experience. While the national average salary for a health insurance specialist is $85,888 per year, the average hourly salary for a medical office insurance specialist is $12.26.

According to Glassdoor, the highest-paying companies for health insurance specialists in the United States include Marsh McLennan, Centers for Medicare & Medicaid Services, and the US Department of Health and Human Services.

Salary.com reports that the average annual salary for an insurance specialist is $69,334, with the base salary ranging from $59,165 to $76,528. The total cash compensation, including base and annual incentives, can range from $61,562 to $79,707, with an average of $71,504.

ZipRecruiter reports that the salary of a health insurance specialist can range from $32,000 to $155,500 per year, with the majority of salaries falling between $51,500 and $100,000. The top earners in this field can make up to $132,500 per year.

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Hourly rate

The average hourly rate for a Medical Office Insurance Specialist in the US is $12.26. This equates to an average annual salary of $37,228, with salaries ranging from $32,000 to $54,826.

According to ZipRecruiter, the average salary for a Health Insurance Specialist is $85,888 per year, with top earners (90th percentile) making $132,500 annually. The salary for this role varies across the country, with the highest salaries in Chicago, IL, and the lowest in Nome, AK. The limited wage variation between these cities suggests that location may not be the best factor to consider when looking for economic advancement in this field. Instead, skill level, years of experience, and cost of living may be more significant factors influencing pay.

Salary.com reports that the average annual salary for an Insurance Specialist is $69,334, with base salaries ranging from $59,165 to $76,528. The total cash compensation, including base pay and annual incentives, ranges from $61,562 to $79,707, with an average of $71,504.

Glassdoor reports a slightly lower average annual salary of $58,090, with an average base salary of $39,655 and an estimated additional pay of $18,434. This additional pay could include cash bonuses, commission, tips, and profit sharing.

Overall, the salary for a Medical Insurance Specialist in the US can vary greatly depending on various factors, with average annual salaries ranging from $37,228 to $85,888.

Frequently asked questions

The average salary for a medical insurance specialist in the US is around $52,512 per year, with salaries ranging from $31,543 to $94,046.

The average hourly rate for a medical insurance specialist in the US is $12.26.

The salary range for a health insurance specialist in the US is between $51,500 and $100,000, with the top 10% earning over $132,500.

As of 2024, the average annual salary for an insurance specialist in the US is $69,334, with a base salary range of $59,165 to $76,528.

Yes, factors such as skill level, location, and years of experience can impact the salary of a medical insurance specialist. Additionally, the cost of living in a particular area may also affect wage advancement opportunities.

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