In the medical field, a certified medical coder is one of the front-line workers who helps to process, categorize and review all health care data. The job requires a lot of responsibility and work experience. The average salary for certified medical coders ranges from $30,000 to $50 per year which is the same as the pay range for home health aides, according to the Bureau of Labor Statistics. Many people do not realize that there are many types of jobs in the medical field. Aside from doctors and nurses, there are some professionals that you might not think of such as certified medical coders or medical assistants. Medical coding is a unique interest to have because it could bring you an abundant income if you decide to become certified.
It is important to note that the salary for a certified medical coder will depend on multiple factors. The first factor is the state where you live, as each state has its own regulatory board and requirements for certification. In addition, there are many different types of coding jobs—some require more education than others. Finally, some employers may offer higher salaries than others due to their location or work environment (e.g., hospitals).
The average salary for a certified medical coder in the United States was $42,000 per year as of 20161. However, this number will vary depending on the job and experience level of the individual coder. The national average salary for experienced coders is $55,000 per year2; however, some states have higher average salaries than others due to their location or work environment (e.g., hospitals).
In addition to being able to accurately code medical records using ICD-10-CM and CPT codes, it is important that certified medical coders be able to understand medical terminology and have excellent grammar skills so they can accurately communicate with physicians about patient needs.”
Salary for certified medical coder
A person working as a Medical Coder in Nigeria typically earns around 232,000 NGN per month. Salaries range from 123,000 NGN (lowest) to 352,000 NGN (highest).
This is the average monthly salary including housing, transport, and other benefits. Medical Coder salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Medical Coder Salary Distribution in Nigeria
The median, the maximum, the minimum, and the range
- Salary RangeMedical Coder salaries in Nigeria range from 123,000 NGN per month (minimum salary) to 352,000 NGN per month (maximum salary).
- Median SalaryThe median salary is 218,000 NGN per month, which means that half (50%) of people working as Medical Coder(s) are earning less than 218,000 NGN while the other half are earning more than 218,000 NGN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
- PercentilesClosely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Medical Coder(s) are earning less than 153,000 NGN while 75% of them are earning more than 153,000 NGN. Also from the diagram, 75% of Medical Coder(s) are earning less than 268,000 NGN while 25% are earning more than 268,000 NGN.
Medical Coder Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Medical Coder salaries by experience level and this is what we found.
A Medical Coder with less than two years of experience makes approximately 141,000 NGN per month.
While someone with an experience level between two and five years is expected to earn 173,000 NGN per month, 23% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 246,000 NGN per month, 42% more than someone with two to five years of experience.
Additionally, Medical Coder(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 287,000 NGN per month, 17% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 316,000 NGN per month, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 334,000 NGN per month, 6% more than people with fifteen to twenty years of experience.
Medical Coder average salary change by experience in Nigeria
0 – 2 Years | 141,000 NGN | |
2 – 5 Years | +23% | 173,000 NGN |
5 – 10 Years | +42% | 246,000 NGN |
10 – 15 Years | +17% | 287,000 NGN |
15 – 20 Years | +10% | 316,000 NGN |
20+ Years | +6% | 334,000 NGN |
Percentage increase and decrease are relative to the previous value
Medical Coder Salary Comparison By Education
How do education levels affect salaries?
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Medical Coder salaries by education level in order to make a comparison.
When the education level is Bachelor’s Degree, the average salary of a Medical Coder is 160,000 NGN per month.
While someone with a Master’s Degree gets a salary of 309,000 NGN per month, 93% more than someone having a Bachelor’s Degree degree.
Medical Coder average salary difference by education level in Nigeria
Bachelor’s Degree | 160,000 NGN | |
Master’s Degree | +93% | 309,000 NGN |
Percentage increase and decrease are relative to the previous value