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98981 Medicaid reimbursement rates by state

Physician and practitioner services (fee schedule). 13 state Medicaid programs publish a fee-for-service rate for 98981 at the physician psychologist level. Rates run from $12.67 in New Jersey to $36.62 in Iowa, with a median of $26.41.

Data as of 2026-10-05. Every rate links to the official document it came from.

States publishing
13
Median rate
$26.41units vary by state
Highest
$36.62Iowa
Medicare (non-facility)
$39.11–$46.032026 physician fee schedule

98981 rate in every state

One like-for-like fee-for-service rate per state, highest first. Units can differ between states; the per-hour column converts time-based units.

StateMedicaid rateUnitPer hourManaged-care plans% of MedicareSource
IowaPhysician or licensed psychologist (incl. BCBA-D) · Iowa Medicaid (fee-for-service schedules; the floor IA Health Link plans must pay)$36.62since 2024-01-01——Plans must pay at least this—Iowa Medicaid fee schedule #02 PHYSICIAN
ColoradoAny qualified provider (rate does not vary by provider) · Health First Colorado (Colorado Medicaid, fee-for-service)$34.69since 2026-07-01——Not classified—Health First Colorado Physician Fee Sche
GeorgiaAny qualified provider (rate does not vary by provider) · Georgia Medicaid (fee-for-service)$33.39since 2022-10-01——Plans negotiate; applies out of network—Copy of Schedule of Maximum Allw Pymt Ph
MinnesotaAny qualified provider (rate does not vary by provider) · Minnesota Health Care Programs: Medical Assistance (fee-for-service)$31.64since 2026-02-01——Plans negotiate; applies out of network—MHCP Fee Schedule - Current Fee Schedule
IndianaAny qualified provider (rate does not vary by provider) · Indiana Medicaid (fee-for-service)$27.52since 2026-01-01unit—Plans must pay at least this—IHCP Professional Fee Schedule (Last Upd
ArizonaAny qualified provider (rate does not vary by provider) · Arizona AHCCCS fee-for-service (AIHP, Tribal ALTCS, TRBHA and other FFS members)$26.56since 2026-10-01——Plans negotiate; applies out of network—AHCCCS Arizona Health Care Cost Containm
MichiganAny qualified provider (rate does not vary by provider) · Michigan Medicaid (fee-for-service)$26.41since 2026-01-01——Plans negotiate; applies out of network—MDHHS Occupational Therapy Fee Schedule
North CarolinaAny qualified provider (rate does not vary by provider) · North Carolina Medicaid Direct (fee-for-service)$26.28since 2025-10-01——Plans must pay at least this—NC Medicaid fee schedule 'Clinical Pharm
KentuckyAny qualified provider (rate does not vary by provider) · Kentucky Medicaid (fee-for-service, DMS fee schedules)$24.93since 2026-01-01Add'l 20 min—Plans negotiate; applies out of network—KY Medicaid OT fee schedule (2026Occupat
OhioAny qualified provider (rate does not vary by provider) · Ohio Medicaid (fee-for-service)$24.00since 2022-01-01——Plans negotiate; applies out of network—Appendix DD to OAC 5160-1-60 (Non-Instit
MassachusettsAny qualified provider (rate does not vary by provider) · MassHealth (fee-for-service, EOHHS 101 CMR rate regulations)$22.16since 2026-10-01——Plans negotiate; applies out of network—Emergency Adoption (date filed: Septembe
VirginiaAny qualified provider (rate does not vary by provider) · Virginia Medicaid (fee-for-service, DMAS)$21.99since 2026-07-01——Plans negotiate; applies out of network—DMAS procedure fee file cptmedical4.csv
New JerseyAny qualified provider (rate does not vary by provider) · New Jersey Medicaid / NJ FamilyCare (fee-for-service)$12.67since 2026-07-01——Not classified—NJMMIS Procedure Master Listing CPTHCPCS

Rates are per the unit shown for each state; units can differ between states. Medicare amounts are computed from the CMS relative value file and locality cost indices with the CMS formula; states with several Medicare localities show a range. Confirm rates with the payer before billing.

Frequently asked questions

What does Medicaid pay for 98981?

It depends on the state. Of the 13 states with a published fee-for-service rate, the median is $26.41. Iowa pays the most ($36.62) and New Jersey the least ($12.67).

Which state pays the highest Medicaid rate for 98981?

Iowa, at $36.62, effective 2024-01-01.

Do managed-care plans pay the same rate for 98981?

Not necessarily. Each state's plan contracts decide whether plans must pay at least the fee-for-service rate, pay a state-set rate, or negotiate their own. The table shows the rule for each state, cited to the contract or statute.

Related Physician & professional codes

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