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Financial management services (self-direction): Medicaid rates by state

12 states publish a Medicaid rate for financial management services (self-direction), compared at the self directed level. Per hour, rates range from — in Wisconsin to $631.56 in Missouri.

States
12
Median per hour
$414.58
Highest
$631.56Missouri
Lowest
—Wisconsin

Every state, ranked

#StateRateUnitPer hourEffectiveSource
1MissouriSelf-directed worker (hired by the person or family)$157.8915 min$631.562023-07-01Official source
2ArizonaSelf-directed worker (hired by the person or family)$49.4015 min$197.602026-10-01Official source
3CaliforniaSelf-directed worker (hired by the person or family)$265.00month—2025-01-01Official source
4New YorkSelf-directed worker (hired by the person or family)$260.24month—2025-04-01Official source
5TexasSelf-directed worker (hired by the person or family)$114.40month—2023-09-01Official source
6North CarolinaAny qualified provider (rate does not vary by provider)$107.42month—2025-10-01Official source
7ColoradoAny qualified provider (rate does not vary by provider)$103.21month—2023-01-01Official source
8PennsylvaniaSelf-directed worker (hired by the person or family)$100.00——2019-04-01Official source
9GeorgiaSelf-directed worker (hired by the person or family)$95.00per unit—2024-07-01Official source
10New JerseySelf-directed worker (hired by the person or family)$84.50Per-Member, Per-Month—2025-06-08Official source
11MinnesotaAny qualified provider (rate does not vary by provider)$44.00Per Print—2026-01-01Official source
12WisconsinAny qualified provider (rate does not vary by provider)$36.75month—2025-01-01Official source

Frequently asked questions

Which state pays the most for financial management services (self-direction)?

Missouri: $157.89 per 15 min ($631.56 per hour).

What is the average Medicaid rate for financial management services (self-direction)?

Across 12 states the median is $414.58 per hour, comparing the same provider level in each state.

Other Other home & community services services

Financial management services (self-direction) in your statesRates, plan rules, labor costs and changes, with alerts.
Medicaid rates by state