One fo Four Years

• Medical billing specialists with one to four years of work experience in the field earned annual salaries of $24,441 to $37,003 as of July 2009.
  
  

Five to Nine Years

• The average salary range for medical billing specialists with five to nine years of experience was $28,049 to $39,010 in July 2009.
  
  

10 to 19 Years

• The income of medical billing specialists with 10 to 19 years of experience in the field was $30,388 to $42,598 in July 2009.
  
  

Most Experienced

• Once medical billing specialists achieved 20 years of work experience or more, their average salaries increased to between $32,297 and $48,479 as of July 2009.
  
  

Employer Type

• In July 2009, medical billing specialists who were were self-employed earned the highest average maximum salaries at $58,958. Nonprofits were the lowest paying employers of billing specialists, paying maximum average salaries of $37,784.
  
  

Benefits

• In July 2009, many medical billing specialists received additional benefits that increased their overall compensation packages, including 1.4 to 2.5 weeks of paid vacation time and average annual bonuses of $203 to $508.