MedicaidReimbursementHigh impact
BT2023149: HIP Rate Equalization Project to align rates across all programs, effective Jan. 1, 2024
Indiana Medicaid (IHCP)·IN·Claims & Billing
Effective date
Jan 1, 2024
We identified it
Jun 19, 2026
Summary
Indiana Medicaid programs are aligning reimbursement rates to 100% of Medicare rates for physician and ancillary services effective January 1, 2024. This represents significant rate increases, including 26% for office visits, 28% for surgical procedures, and up to 53% for anesthesia services.
Action Required
By January 1, 2024: Billing team must download and review the new 2024 IHCP Professional Fee Schedule from in.gov/medicaid/providers to understand updated reimbursement rates. Update billing system expectations for Indiana Medicaid payments which will now align with 100% of Medicare rates. Review the four preview fee schedules for physician services, DME/medical supplies, NEMT, and dental services to prepare for rate changes.