T2040 – Financial management, self-directed, waiver; per 15 minutes

HCPCS Level II code · T codes: National Codes Established for State Medicaid Agencies

Active code Not payable by Medicare

HCPCS codeT2040
Long description
Financial management, self-directed, waiver; per 15 minutes
Short description
Financial mgt waiver/15min
Pricing indicator
00 Not separately priced by Part B (bundled, not covered or Part A only)
Medicare coverage
I Not payable by Medicare
BETOS category
Z2 Undefined codes
Added
October 1, 2003
Last change
October 1, 2003 – No change

Frequently asked questions

What is HCPCS code T2040?

T2040 is a HCPCS Level II code for financial management, self-directed, waiver; per 15 minutes.

Does Medicare cover T2040?

The HCPCS file lists coverage code I: Not payable by Medicare. Coverage and payment also depend on local coverage determinations and the patient’s plan.

Nearby T codes

Source: CMS HCPCS Level II quarterly file, October 2026. Reference only – check payer policy before billing.