0962T Medicaid reimbursement rate by state (2026)
Physician and practitioner services (fee schedule). Medicaid pays a median of $54.09 for 0962T across 6 states, from $1.49 in Iowa to $133.15 in Rhode Island.
- States publishing
- 6
- National median
- $54.09units vary by state
- Lowest
- $1.49Iowa
- Highest
- $133.15Rhode Island
What does Medicaid pay for 0962T?
6 state Medicaid programs publish a fee-for-service rate for 0962T. The national median is $54.09 (units differ between states). Rhode Island pays the most, $133.15, and Iowa the least, $1.49, a 89.5x spread.
0962T rate by state: highest, middle and lowest
One like-for-like fee-for-service rate per state, ranked. The workspace lists all 6 states with every variant, modifier and effective date.
How to read this table
- Order. States are listed from the highest published rate to the lowest. No single unit is shared by 8 or more states for 0962T, so the order is by published amount and is not a like-for-like rank.
- Medicaid rate. The most the state's fee-for-service program pays for one unit, as published. 2 of the 6 states list more than one rate for 0962T, by modifier, provider type or setting; the table shows the one that matches the provider level and setting used across states, without add-ons.
- Unit. None of the 6 schedules prints a separate unit for 0962T, so each amount is a flat payment for one service as the code defines it.
- Per hour. 0962T is not billed in time units in these states, so no hourly figure is shown.
- Managed-care plans. The rule the state sets for its plans on this rate. What each rule means is explained below.
- % of Medicare. No Medicare physician fee schedule amount is on file for 0962T, so there is no percentage.
- Source and date. Each Source link opens the state's own document; “since” is the date the rate took effect.
Why 0962T rates differ between states
Published rates for 0962T run from $1.49 in Iowa to $133.15 in Rhode Island, a 89.5x gap in the same unit. Half the states pay more than the median of $54.09 and half pay less. The usual reasons for a spread like this in physician & professional rates:
- Modifiers such as professional or technical component, bilateral, multiple procedure and assistant at surgery change the amount paid, and states apply them with their own percentages.
- Each state sets its own physician conversion factor or fee for every code, and many update them on a state budget cycle rather than on Medicare's calendar.
- Some states pay physician services as a percentage of the Medicare fee schedule; others keep a schedule of their own that may not have been rebased for years.
Timing matters too. 6 states set the current rate for 0962T in 2026 or later. A state that has not updated its rate in years will drift down the ranking as others raise theirs.
What managed-care plans pay for 0962T
What a plan pays for 0962T is negotiated privately, but the state decides how much room there is to negotiate. Here is how the rules break down across the 6 states.
In 1 state, the published rate binds plans: a floor, a pass-through or a state-set rate. In 3 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 2 states is not classified yet.
- Plans negotiate; the published rate applies out of network (3 states). In-network rates can be above or below the published rate. The published rate is the benchmark both sides know, and the fallback if no contract is signed.
- Plans must pay at least the published rate (1 state). The published rate is your floor. Negotiate up from it, and if a plan pays less, the contract provision is the basis for a payment dispute.
Plan-negotiated rates are never estimated here. To see the rule and its citation for a particular state, open that state's managed-care page, for example Rhode Island managed care.
Units and billing for 0962T
0962T is a CPT Category III code in the physician & professional line, billed mostly by physicians, nurse practitioners, physician assistants and other licensed practitioners. Category III codes are temporary codes for emerging technology. Payers often price them case by case, so fewer states publish a fixed fee.
Physician-fee-schedule codes are billed per service: one unit is one occurrence unless the code itself is defined by time or quantity. Practitioners who are not physicians are often paid a reduced percentage of the published amount, so check the schedule for the reduction that applies to your provider type.
Before billing, confirm the rate, unit and any modifier with the state's current schedule or the plan: the amounts here are as published, not a guarantee of payment.
Frequently asked questions
What does Medicaid pay for 0962T?
It depends on the state. Of the 6 states with a published fee-for-service rate, the median is $54.09. Rhode Island pays the most ($133.15) and Iowa the least ($1.49).
Which state pays the highest Medicaid rate for 0962T?
Rhode Island, at $133.15, effective 2026-07-01.
Which state pays the lowest Medicaid rate for 0962T?
Iowa, at $1.49, effective 2026-01-01.
What unit is 0962T billed in?
None of the 6 schedules prints a separate unit for 0962T, so each amount is a flat payment for one service as the code defines it.
Do managed-care plans pay the same rate for 0962T?
Not necessarily. In 1 state, the published rate binds plans: a floor, a pass-through or a state-set rate. In 3 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 2 states is not classified yet. Each rule is cited to the plan contract, statute or notice in the workspace.