Medical Billingcoding Instructor salary in Iceland

Average Yearly Salary of Medical Billingcoding Instructor in Iceland is approximately 8,813,679 ISK (61,574 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 Billingcoding Instructor do?

A medical billing/coding instructor is a professional who teaches students the skills and knowledge necessary to work in the field of medical billing and coding. They provide instruction on various topics such as medical terminology, anatomy, coding systems, insurance billing procedures, and electronic health records. The instructor may use textbooks, online resources, and hands-on exercises to facilitate learning. They also evaluate student performance through exams, assignments, and practical assessments. This occupation requires strong communication skills, as instructors must effectively convey complex information to students. They should be knowledgeable about current industry standards and regulations to ensure students are prepared for real-world scenarios. Attention to detail is crucial, as accuracy in coding and billing is essential for proper reimbursement and compliance. Instructors must stay updated with advancements in technology and changes in coding systems.

Skills: medical billing, medical coding, instructor, healthcare education, coding systems, reimbursement
Job industry: Education

How much does Medical Billingcoding Instructor 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 Billingcoding Instructor a well paid job?

Yes, our data show that Medical Billingcoding Instructor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Medical Billingcoding Instructor?

High salary for Medical Billingcoding Instructor would be somewhere between 9,695,047 ISK and 12,779,835 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Billingcoding Instructor 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: 8,813,679 ISK
Estimated Monthly Salary: 734,473 ISK
Estimated Weekly Salary: 169,494 ISK per week
Estimated Hourly Salary: 4,237 ISK per hour
By working as Medical Billingcoding Instructor a person can save up to 2,402 USD per month or 28,828 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 Billingcoding Instructor

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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