Medicare Part B:
Medicare Part B is coverage for your medical care and helps cover costs for visits to doctors and other providers. Generally, there’s a monthly premium for Part B that you pay to the Federal Government, usually deducted from your Social Security check. If you’re not drawing Social Security, you will be billed quarterly for your Part B premium.
Part B Costs
The chart below defines the out-of-pocket costs associated with Part B, including premium, deductible and coinsurance amounts.
|PART B IN 2021||YOU PAY|
|Medicare-approved Expenses for Eligible Services and Supplies||20% after deductible|
* Your Part B premium is separate from monthly premiums or cost sharing you may pay for supplemental or private Medicare coverage. Part B premium amount is higher for individuals with incomes over $88,000 or married couples with incomes over $176,000.
Get Info Kit