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See a sample rate comparisonHCPCS V2762 Fee Schedule
Last Verified: September 2026
Healthcare providers use this code to document and receive reimbursement for visits that address moderate-level medical decision-making, often including multiple diagnoses or prescription management.
Polarization, any lens material, per lens
| Key Fact | Detail |
|---|---|
| Service Type | Vision Services Vision Services |
| Complexity Level | Low |
| Medicaid Fee Schedule | View Medicaid rates for V2762 |
National average reimbursement for HCPCS V2762 by major payers:
$70.05
$38.42
$50.71
$89.76
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HCPCS V2762
5 of 25 sample ratesHigher to lower in this preview
Chu Chen
$128.46Published rateVictoria Lewis-Holland
$54.38Published rateHospital Authority Of Valdosta And Lowndes County Georgia, South Georgia Medical Center
Hospital Authority Of Valdosta And Lowndes County Georgia
$36.09Published rateNortheast Georgia Medical Center, Inc.
Gainesville Radiology Group
$32.06Published rateKristina Jimenez
Miguel A Arenas Md PC
$21.37Published rate
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Payer Contract Negotiation
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See a sample payer proposalHCPCS V2762 vs. Other Vision Services Codes
The HCPCS V2762 code is part of the Vision Services services used for Vision Services. It represents a moderate-complexity encounter and is one of several codes that vary based on time spent, level of medical decision-making, and documentation requirements.
The HCPCS V2762 code involves more provider time and moderate medical decision-making, unlike lower-level codes that require less time and simpler assessments. It typically includes multiple diagnoses, medication management, or test interpretation, leading to higher reimbursement and more detailed documentation requirements.
| Code | Complexity | Description |
|---|---|---|
| V2761-HCPCS | Low | Mirror coating, any type, solid, gradient or equal, any lens material, per lens |
| V2762-HCPCS | Low | Polarization, any lens material, per lens |
| V2770-HCPCS | Low | Occluder lens, per lens |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including HCPCS V2762. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the V2762 fee schedule helps patients estimate costs and providers optimize billing for accurate reimbursements.
Factors that affect fee schedules
Medicare & Medicaid Rates
Government-set reimbursement amounts
Private Insurance Rates
Negotiated rates between providers and insurance companies
Geographic Location
Costs may be higher in urban areas.
Provider Type
Hospital providers may have different rates than private practice.
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