Looks like it, with a co-pay. But reading through the 26 page table of benefits makes me cross-eyed and tearful with frustration - wouldn't it be quickest and easiest to call the customer services number for your insurance provider and ask?
As JoAnn had mentioned above Medicare will pay for part of the cost for speech therapy. www.medicare.gov/coverage/pt-and-ot-and-speech-language-pathology.html