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V5240 Medicaid reimbursement rates by state

Dispensing fee, contralateral routing system, binaural. 21 state Medicaid programs publish a fee-for-service rate for V5240 at the physician psychologist level. Rates run from $32.54 in North Carolina to $662.73 in Massachusetts, with a median of $216.20.

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

States publishing
21
Median rate
$216.20units vary by state
Highest
$662.73Massachusetts
Medicare (non-facility)
—not on the physician fee schedule

V5240 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
MassachusettsAny qualified provider (rate does not vary by provider) · MassHealth (fee-for-service, EOHHS 101 CMR rate regulations)$662.73since 2025-12-01——Plans negotiate; applies out of network—Rates for Hearing Services (effective De
WisconsinAny qualified provider (rate does not vary by provider) · Wisconsin Medicaid and BadgerCare Plus (fee-for-service, ForwardHealth maximum allowable fees)$646.06since 2022-01-01——Plans negotiate; applies out of network—ForwardHealth max fee schedule: Hearing
NebraskaAny qualified provider (rate does not vary by provider) · Nebraska Medicaid (fee-for-service)$638.67since 2026-07-01——Plans negotiate; applies out of network—Nebraska Medicaid fee schedule 471-000-5
VirginiaAny qualified provider (rate does not vary by provider) · Virginia Medicaid (fee-for-service, DMAS)$600.00since 2008-01-01——Plans negotiate; applies out of network—DMAS procedure fee file hcpcmedical.csv
MichiganAny qualified provider (rate does not vary by provider) · Michigan Medicaid (fee-for-service)$473.00since 2023-09-01——Plans negotiate; applies out of network—MDHHS Hearing Aid Dealers Fee Schedule d
ConnecticutAny qualified provider (rate does not vary by provider) · Connecticut Medicaid / HUSKY Health (fee-for-service, CMAP)$450.00since 2008-02-01——Not classified—CMAP fee schedule: 7/1/2025 MEDS - Heari
IllinoisAny qualified provider (rate does not vary by provider) · Illinois Medicaid (HFS fee-for-service)$425.30since 2024-01-01——Plans negotiate; applies out of network—HFS DME Fee Schedule (effective 2024-01-
IowaAny qualified provider (rate does not vary by provider) · Iowa Medicaid (fee-for-service schedules; the floor IA Health Link plans must pay)$343.33since 2013-07-01——Plans must pay at least this—Iowa Medicaid fee schedule #17 AUDIOLOGI
MinnesotaAny qualified provider (rate does not vary by provider) · Minnesota Health Care Programs: Medical Assistance (fee-for-service)$273.23since 2000-01-01——Plans negotiate; applies out of network—MHCP Fee Schedule - Current Fee Schedule
PennsylvaniaAny qualified provider (rate does not vary by provider) · Pennsylvania Medical Assistance (fee-for-service)$271.73since 2011-08-08——Plans negotiate; applies out of network—PA DHS PROMISe Outpatient Fee Schedule (
TexasPhysician or licensed psychologist (incl. BCBA-D) · Texas Medicaid (fee-for-service, TMHP)$216.20since 2012-10-01——Plans negotiate; applies out of network—TMHP Texas Medicaid Fee Schedule - Physi
New YorkAny qualified provider (rate does not vary by provider) · New York Medicaid (fee-for-service)$202.00since 2022-04-01——Plans negotiate; applies out of network—eMedNY NYS Medicaid Hearing Aid / Audiol
KentuckyAny qualified provider (rate does not vary by provider) · Kentucky Medicaid (fee-for-service, DMS fee schedules)$200.00since 2022-01-01——Plans negotiate; applies out of network—KY Medicaid Audiology fee schedule (2022
KansasAny qualified provider (rate does not vary by provider) · MediKan (Kansas state-funded medical program, KMAP fee schedule)$200.00since 1987-07-01——Paid by the state, outside plans—KMAP Fee Schedule MKN Medicaid (FeeSched
OhioAny qualified provider (rate does not vary by provider) · Ohio Medicaid (fee-for-service)$194.00since 2010-01-01Each—Plans negotiate; applies out of network—ODM DMEPOS payment schedule (appendix to
ArizonaAny qualified provider (rate does not vary by provider) · Arizona AHCCCS fee-for-service (AIHP, Tribal ALTCS, TRBHA and other FFS members)$184.54since 2026-10-01——Plans negotiate; applies out of network—AHCCCS FFS Capped Fee Schedule: Durable
New JerseyAny qualified provider (rate does not vary by provider) · New Jersey Medicaid / NJ FamilyCare (fee-for-service)$175.00since 2025-01-01——Not classified—NJMMIS Procedure Master Listing CPTHCPCS
MissouriAny qualified provider (rate does not vary by provider) · Missouri MO HealthNet (fee-for-service)$97.88since 2019-07-01——Plans negotiate; applies out of network—MO HealthNet fee schedule: Hearing Aid
OregonAny qualified provider (rate does not vary by provider) · Oregon Health Plan (fee-for-service, OHA)$73.04since 2024-10-01——Plans negotiate; applies out of network—OHP FFS medical-dental fee schedule (fee
FloridaAny qualified provider (rate does not vary by provider) · Florida Medicaid (fee-for-service)$50.35since 2026-01-01——Plans negotiate; applies out of network—Hearing Services Fee Schedule (AHCA Upda
North CarolinaAny qualified provider (rate does not vary by provider) · North Carolina Medicaid Direct (fee-for-service)$32.54since 2025-10-01——Plans negotiate; applies out of network—NC Medicaid fee schedule 'Hearing Aid Pr

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 V5240?

It depends on the state. Of the 21 states with a published fee-for-service rate, the median is $216.20. Massachusetts pays the most ($662.73) and North Carolina the least ($32.54).

Which state pays the highest Medicaid rate for V5240?

Massachusetts, at $662.73, effective 2025-12-01.

Do managed-care plans pay the same rate for V5240?

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 Vision & hearing codes

Track V5240 in your statesYour codes on one rate card: every payer's rule, Medicare comparison, rank and rate changes.
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