Medicare Billing Specialist salary in Monaco

Average Yearly Salary of Medicare Billing Specialist in Monaco is approximately 144,622 EUR (145,148 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 Medicare Billing Specialist do?

A Medicare billing specialist is responsible for ensuring accurate and timely submission of healthcare claims to Medicare for reimbursement. They play a crucial role in the healthcare industry by navigating complex billing regulations and guidelines specific to Medicare. Their duties include verifying patient information, reviewing medical records, coding diagnoses and procedures, and preparing and submitting claims electronically or by mail. They also follow up on outstanding claims, resolve claim denials or rejections, and communicate with patients, healthcare providers, and insurance companies to resolve billing issues. A Medicare billing specialist must have a strong understanding of Medicare guidelines, coding systems (such as ICD-10 and CPT), and healthcare billing software. Attention to detail, analytical skills, and the ability to work independently are essential for success in this occupation.

Skills: Medicare billing, healthcare reimbursement, medical coding, claim submission, healthcare regulations, billing software.
Job industry: Healthcare

How much does Medicare Billing Specialist make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Medicare Billing Specialist a well paid job?

Yes, our data show that Medicare Billing Specialist 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 Medicare Billing Specialist?

High salary for Medicare Billing Specialist would be somewhere between 159,084 EUR and 209,702 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medicare Billing Specialist 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: 144,622 EUR
Estimated Monthly Salary: 12,052 EUR
Estimated Weekly Salary: 2,781 EUR per week
Estimated Hourly Salary: 70 EUR per hour
By working as Medicare Billing Specialist a person can save up to 4,652 USD per month or 55,830 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 Medicare Billing 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.

Top 10 highest salaries in Monaco

Data as of 2025

Random salary:
Senior audio and sound designer (327,854 EUR per year, pre-tax.)
Surveillance supervisor (156,177 EUR per year, pre-tax.)
Director of special projects (245,259 EUR per year, pre-tax.)
Research scientist biotechnology (334,522 EUR per year, pre-tax.)
Law librarian (189,054 EUR per year, pre-tax.)

Feedback about these results