People seek a career in medical coding due to the attractive salaries and growing opportunities. The medical coding salary varies according to different states. The medical coding technicians earn on an average $34160 per year according to BLS. Employees with additional certifications and credentials earn more compared to others. According to AAPC, the annual average salary of a certified medical coder is $46800 approximately. Some of the coders are paid on an hour basis.

Medical coders can become technicians in health information and take up roles in administration. They can also enter into the management position after a few years of work experience. Managers in the medical and health services earn a yearly salary of $98850.It will be the aim of many medical coders and professionals. The salary is expected to rise with the increasing demand for medical professionals in the health care sector.

Aging population is on the rise globally, and hence the demand for medical professionals is also on the rise. The medical coders and billing professionals assign codes to each medical procedure and diagnosis. They find employment in hospitals, offices of the physicians, outpatient centers, health care centers, consultant offices and other related areas. The growth and need for electronic medical records gives a lot of opportunities for the medical coders in this field.

A person with good knowledge in health information system can find employment in high tech medical services billing and tracking. Medical coders have an exclusive training program, teaching the practical skills of health care delivery. Professionals with this training exposure receive high salaries. The training makes the medical coding professionals as specialists in specific health care areas according to their interest.

The entry-level positions in the medical coding field include payment posting, claim reconciliation, collecting, charge entry and data entry, etc. These people earn a little amount of less than $20000 per year. All these jobs require the minimum qualifications of a medical graduate in any stream. People with more work experience earn more and aim to become specialists in the field. Entry level professionals go for certification to improve their qualifications and increase their salaries. These people possess adequate knowledge of heath care insurance; government health care programs, medical policies, and process claims, etc.

Self-employed professionals and consultants in the healthcare sector earn the highest pay in this field. They earn more than $90000 annually. The earning capacity depends on the individual experience and capacity. Professionals in the insurance companies with knowledge of tax savings, retirement planning, personal health insurance and other details become individual consultants after years of work experience. Professionals with ten years of work experience in medical coding earn an average of $50000.

Medical biller and coder, MB medical office biller, Inpatient coder are some of the important job titles in medical coding field.It also includes MH coder, Surgical coder, Clinical data specialist; Medical records coder, certified professional coder, insurance coder, CPC coder, etc. Each designation has its salary range. Inpatient coders are the highest paid with their salary being around $62000 annually.