Medical Biller salary in Iceland

Average Yearly Salary of Medical Biller in Iceland is approximately 6,846,423 ISK (47,860 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 Biller do?

A medical biller is a healthcare professional responsible for processing and submitting medical insurance claims on behalf of healthcare providers. They ensure accurate and timely billing by reviewing patient information, verifying insurance coverage, and coding diagnoses and procedures according to industry standards. Medical billers also handle patient inquiries regarding billing and insurance, and may assist in resolving any issues or discrepancies. This occupation requires strong attention to detail, knowledge of medical terminology and coding systems (such as ICD-10 and CPT), and familiarity with insurance regulations and reimbursement processes. Effective communication skills are essential for interacting with patients, insurance companies, and healthcare providers. Medical billers often work in hospitals, clinics, or medical billing companies, and may use specialized software to manage billing and claims.

Skills: medical billing, healthcare administration, insurance claims, coding, reimbursement, healthcare finance
Job industry: Healthcare

How much does Medical Biller make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Medical Biller a well paid job?

No, our data shows that Medical Biller is typically not a well-paid job. The salary varies based on experience. Meaning that even though Medical Biller might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Medical Biller?

High salary for Medical Biller would be somewhere between 7,531,065 ISK and 9,927,313 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Biller in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 6,846,423 ISK
Estimated Monthly Salary: 570,535 ISK
Estimated Weekly Salary: 131,662 ISK per week
Estimated Hourly Salary: 3,292 ISK per hour
By working as Medical Biller a person can save up to 1,260 USD per month or 15,114 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
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 Biller

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.

Top 10 highest salaries in Iceland

Data as of 2025

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