Good news to providers in Massachusetts! Blue Cross Blue Shield just released new reimbursement rates, effective 9/1/2011. While the increases are for many providers, below are the new rates for the most popular CPT codes for therapists and psychiatrists:
Psychotherapy Masters Level Codes:
90801 $128.97
10%=12.90 20%=$25.79
90806 $72.75
10%= $7.28 20%=$14.55
90847 $86.22
10% = $8.62 20%=$17.24
Psychotherapy PhD Level Reimbursement Rates Codes:
90801 $150.00
10%=$15.00 20%=$20.00
90806 $ 90.81
10%=9.08 20%=$18.16
90847 $97.63
10%=$9.76 20%=$19.53
Psychiatry codes:
90862 $71.84
10%=$7.18 20%=$14.37
90801 $189.14
10%=$18.91 20%=$37.83
90807 $126.97
10%=$12.70 20%=$25.39
90805 $92.45
10%=$9.25 20%=$18.49
