Medical Reimbursement Specialist salary in Colombia

Average Yearly Salary of Medical Reimbursement Specialist in Colombia is approximately 21,814,805 COP (4,833 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Medical Reimbursement Specialist do?

A medical reimbursement specialist is a healthcare professional responsible for ensuring accurate and timely reimbursement for medical services provided to patients. They work closely with insurance companies, patients, and healthcare providers to process and submit claims, verify patient eligibility, and resolve any billing issues. Their primary role is to navigate the complex world of insurance policies and procedures to maximize reimbursement for medical services. Some of the key responsibilities of a medical reimbursement specialist include reviewing medical records and documentation, coding diagnoses and procedures, preparing and submitting claims, following up on outstanding claims, and resolving claim denials or rejections. They must stay updated on the latest coding and billing regulations and guidelines to ensure compliance and optimize reimbursement.

Skills: medical reimbursement, healthcare billing, insurance claims, coding and documentation, claim resolution, healthcare reimbursement
Job industry: Healthcare

How much does Medical Reimbursement Specialist make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Medical Reimbursement Specialist a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Medical Reimbursement Specialist?

High salary for Medical Reimbursement Specialist would be somewhere between 23,996,286 COP and 31,631,467 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Reimbursement Specialist in Colombia?

Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 21,814,805 COP
Estimated Monthly Salary: 1,817,900 COP
Estimated Weekly Salary: 419,515 COP per week
Estimated Hourly Salary: 10,488 COP per hour
By working as Medical Reimbursement Specialist a person can save up to 142 USD per month or 1,708 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Medical Reimbursement Specialist

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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