When considering a career in medical coding, one of the first questions that comes to mind is, “How much will it cost?”
The answer isn’t straightforward—it largely depends on the type of training program you choose. From degree programs to certificate courses to online options, the costs can vary significantly.
In this article, we’ll break down the expenses associated with each path to help you make an informed decision.
We’ll also discuss the high tuition fees tied to degree programs, the costs of traditional certificate programs, and the budget-friendly, flexible medical coding program.
So, if you’re weighing your options, this guide will provide clarity on what to expect financially and help you choose a path that fits both your budget and career goals.
Let’s dive in!
Cost to Become a Coder With a Degree Program
Degree programs are academic courses offered by colleges and universities and include a combination of general education subjects and specialized medical coding coursework.
The cost of earning an associate degree in medical coding ranges from $10,000 to $40,000, depending on the institution.
This figure often doesn’t account for additional expenses such as textbooks, lab fees, transportation, or housing, which can quickly add to the overall cost.
Problems with Degree Programs
While degree programs may seem like a comprehensive way to start your career in medical coding, they come with significant drawbacks:
Expensive Tuition
Pursuing a degree program in medical coding comes with a hefty price tag, typically ranging from $10,000 to $40,000. But the financial burden doesn’t end there.
Additional expenses for textbooks, supplies, and campus fees can quickly add up, pushing the total cost even higher.
For many students, such a steep investment is out of reach without resorting to student loans.
While loans may provide a temporary solution, they often result in long-term financial obligations that can take years—or even decades—to repay.
This cycle of borrowing can overshadow the rewards of a medical coding career, making it a less viable option for many aspiring professionals.
Longer Duration
Completing an associate degree typically takes two years. For those looking to enter the workforce quickly, this extended timeline may feel like a barrier.
Not Suitable for Busy Adults
Degree programs require regular attendance at physical campuses, which can be challenging for working professionals or parents. They lack the convenience and flexibility needed to balance education with other responsibilities.
So, for these reasons, a degree program might not be the ideal choice to start your medical coding career.
Cost To Become a Medical Coder With a Certificate Program
Certificate programs are focused training courses designed to equip students with the essential skills and knowledge needed to begin a career in medical coding.
These programs are typically offered by vocational schools, community colleges, and training institutions and can typically be completed in 6 to 12 months.
The cost of certificate programs generally ranges from $2,000 to $10,000. While this is significantly more affordable than degree programs, additional costs such as textbooks, registration fees, and exam preparation materials may still apply.
Problems with Certificate Programs
Despite being a quicker and more affordable option, certificate programs still have some drawbacks:
Limited Flexibility
Many certificate programs require students to attend in-person classes, which can be challenging for busy adults who are balancing work or family commitments.
Additional Expenses
While the tuition may seem reasonable, the cost of commuting, course materials, and other related expenses can add up, potentially straining your budget.
So, Which Program to Choose?
Given the high cost, extended duration, and inflexibility, right out of the bat, pursuing a degree program is not advisable for aspiring medical coders.
The certificate programs, however, are a better alternative to degree programs but they may not offer the flexibility needed for individuals with demanding schedules.
So, for those seeking a truly convenient and cost-effective solution, online medical coding programs provide a more accessible, quicker, more affordable, solution to get you job-ready faster from the comfort of your home.
Cost To Become a Medical Coder With Online Programs
Online programs have revolutionized medical coding training, offering an accessible and flexible alternative to traditional degree or certificate programs.
With the ability to learn from anywhere at your own pace, online programs are particularly appealing to busy adults, career changers, and those looking to save on costs.
The cost of online medical coding programs varies widely, typically ranging from $3000 to $7,000.
However, there’s an online self-paced program that we’ve created that costs just $1599 and is probably the most affordable option among all.
That program is – Preppy’s Online Self-Paced Medical Coding and Billing Training Program, and it ticks all the right boxes of an ideal online training program.
Preppy’s Online Self-Paced Medical Coding and Billing Training Program
Preppy’s combination of affordability, quality training, and hands-on experience makes it an excellent choice to start your career in as little as six months, all while avoiding the financial strain of traditional programs.
Here’s what you get with Preppy:
100% Online and Self-Paced
One of the standout features of Preppy’s Medical Coding and Billing program is its 100% online and self-paced format. Unlike traditional programs that require you to attend classes at specific times, Preppy lets you control your learning schedule.
Whether you aim to complete the course in as little as 6 months or prefer to take your time, this flexibility allows you to fit your studies around your existing commitments.
This makes it a perfect choice for busy adults, such as working professionals or parents, who need a program that adapts to their lifestyle.
Affordable Tuition
At just $1,599, Preppy’s Medical Coding and Billing program is one of the most cost-effective training options available.
Traditional degree programs often cost anywhere from $10,000 to $40,000, but Preppy’s affordable tuition makes high-quality education accessible without the risk of student loan debt.
This affordability makes it an excellent choice for anyone looking to enter the field without financial strain.
Faster Completion
While traditional degree programs can take up to two years to complete, Preppy’s program is designed to get you certified and job-ready in as little as 6 months.
This accelerated timeline is ideal for individuals eager to start their careers quickly, allowing you to begin working and earning sooner than many other training options.
University Certificate
Upon completing the program, you could receive a certificate of completion from Auburn University, a highly respected and accredited institution.
This certificate not only enhances your resume but also demonstrates to potential employers that you’ve undergone high-quality training from a credible university.
You Could Become Certification Ready
Preppy’s curriculum is meticulously designed to meet industry standards, so, you could become ready for the Certified Professional Coder (CPC) exam offered by AAPC.
The CPC certification is one of the most widely recognized and respected credentials in the medical coding field.
Having the CPC certification can significantly boost your employability, as it is a credential that healthcare employers value highly.
Externship Opportunity
To complement the online coursework, Preppy offers an externship opportunity, providing students with hands-on experience in real-world healthcare settings.
This practical component is essential for medical coders, allowing you to apply your learning and gain valuable insights into the daily operations of coding and billing in a professional environment.
Preppy could arrange the externship close to your location, ensuring convenience while helping you build practical experience and confidence in your new skills.
24/7 Support
Preppy goes the extra mile to support its students by offering 24/7 assistance throughout the program. Whether you have questions about the coursework, need technical help, or require guidance, Preppy’s dedicated team is always available to ensure your success.
Big Bonus
As an added benefit, if you pay our tuition in full, you’ll receive a free laptop to support your studies. This laptop is yours to keep even after completing the program, making it a practical and valuable bonus that adds to the program’s appeal.
Ultimately, if you’re ready to start your career in medical coding, Preppy’s self-paced program could offer a fast, affordable, and flexible path to success.
Conclusion
Starting a career in medical coding and billing doesn’t have to be overwhelming or financially draining.
While traditional degree programs are costly, time-consuming, and inflexible, Preppy’s self-paced Medical Coding and Billing program ensures that you’re fully equipped to succeed without sacrificing your current commitments.
So, if you want to become job-ready faster, without the burden of student loan debt or the hassle of attending in-person classes, check out Preppy’s program today!
