I'm not arguing that there aren't recognized codes for what you're describing. I'm saying, they are generally not paid. Granted, it appears that if you billed the state of Kentucky for "anesthesia for a vaginal delivery" in 2011, you would have been reimbursed. I know specifically that BC/BS in my state denied payment for 01960 for "anesthesia standby for twin delivery" in the OR, with q5min VS documented, at surgeon request, for >90 minutes, with no other concurrent cases, in 2013. Our company went back and forth with the payor, and were informed that they (as well as Aetna, Cigna, and United, which make up >95% of our private pay billing) do not pay for this. Again, they recognized the code, noted that we met all the criteria for the code, and reiterated that they do not pay for this code. If your experience billing this code has been different, good for you. But to generalize that because a code exists it is universally reimbursed by third party payors is just not accurate. Again, I don't really give a $%^& what you find on the internet. If you get a payor to reimburse for standby for twin delivery, show me the money and tell me how you did it.
I learned absolutely zero about anesthesia billing in residency (as seems to be the norm). I think it behooves us all to learn more about how the sausage is made.