Medical Reimbursement Coordinator salary in Iceland

Average Yearly Salary of Medical Reimbursement Coordinator in Iceland is approximately 6,393,154 ISK (44,755 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 Coordinator do?

A medical reimbursement coordinator is responsible for ensuring accurate and timely reimbursement for medical services rendered. They work closely with healthcare providers, insurance companies, and patients to navigate the complex process of medical billing and coding. Their main duties include verifying insurance coverage, submitting claims, and following up on unpaid or denied claims. They also review medical records and invoices to ensure compliance with billing guidelines and regulations. Additionally, they may assist patients in understanding their insurance benefits, resolving billing disputes, and setting up payment plans.

Skills: Medical reimbursement coordinator, Healthcare billing, Insurance claims, Medical coding, Billing regulations, Patient financial services
Job industry: Healthcare

How much does Medical Reimbursement Coordinator 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 Reimbursement Coordinator a well paid job?

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

What is considered a high salary for Medical Reimbursement Coordinator?

High salary for Medical Reimbursement Coordinator would be somewhere between 7,032,469 ISK and 9,270,073 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Reimbursement Coordinator 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: 6,393,154 ISK
Estimated Monthly Salary: 532,763 ISK
Estimated Weekly Salary: 122,945 ISK per week
Estimated Hourly Salary: 3,074 ISK per hour
By working as Medical Reimbursement Coordinator a person can save up to 1,001 USD per month or 12,009 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 Reimbursement Coordinator

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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