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Other CPT code severity requirements are listed below: 99212: straightforward 99213: low 99214: moderate 99215: high (Source) (Source) CPT Code 99212 Reimbursement Rate [2026]: $59.45 (Source) Procedure Code 99212 Reimbursement Rates – Medicare 99212 Reimbursement Rates – Medicaid 99212 Commercial Insurance Reimbursement Rates According to Medicare Here are the rates that Medicare believes are the commercial insurance rates for these services (this is not the Medicare rate for 99212): These rates are adjusted down and reflect what Medicare has deemed are average rates for most psychiatrists across the United States