Medical Billing Clerk salary in Monaco

Average Yearly Salary of Medical Billing Clerk in Monaco is approximately 115,038 EUR (115,568 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 Billing Clerk do?

A medical billing clerk is responsible for processing and managing healthcare insurance claims. They work in healthcare facilities, such as hospitals, clinics, or private practices, and play a crucial role in ensuring accurate and timely reimbursement for medical services provided. The occupation involves reviewing patient medical records, verifying insurance coverage, and accurately coding diagnoses and procedures to submit claims to insurance companies. Medical billing clerks also handle any claim rejections or denials, resolve billing discrepancies, and communicate with patients and insurance companies to address any billing inquiries or issues.

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

How much does Medical Billing Clerk 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 Billing Clerk a well paid job?

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

What is considered a high salary for Medical Billing Clerk?

High salary for Medical Billing Clerk would be somewhere between 126,542 EUR and 166,805 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Billing Clerk in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 115,038 EUR
Estimated Monthly Salary: 9,587 EUR
Estimated Weekly Salary: 2,212 EUR per week
Estimated Hourly Salary: 55 EUR per hour
By working as Medical Billing Clerk a person can save up to 2,187 USD per month or 26,250 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
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 Billing Clerk

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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