Medicare Part B
What Does Medicare Part B Cover?Part B covers two general categories of care: medically necessary services and preventive care. Medically necessary services generally require you to pay a copay or coinsurance, but you get preventive services at no cost.
Covers Doctor and Outpatient visits and associated services including:
- Doctor visits – including an annual Wellness Visit
- Ambulatory surgery center services
- Outpatient medical services
- Some preventative care like flu shots
- Clinical laboratory services like blood and urine tests
- X-rays, MRI, CT scans, EKGs and some other diagnostics
- Durable medical equipment for use at home like wheelchairs and walker
- Emergency Room Services
- Skilled nursing care and health aide services for the homebound on a part-time or intermittent bases
- Mental health care as an outpatient
Medicare Part B Cost
How Much Will I Pay for Medicare Part B?
|Part B||You Pay:|
|Part B Premium for most people:||$148.50 monthly|
|Yearly Deductible:||$203 annual|
|Most doctor services (including in-patient hospital doctor services):||20% of cost of visit|
|Clinical Lab Services:||$0|
|Durable Medical Equipment:||$0|
|*Those with higher incomes pay an increased premium.|
Eligibility and Enroll for Part B
When you are turning 65, you will have a 7-month window to enroll without the Part B penalty. This is your Initial Coverage election Period (ICEP). This enrollment period begins 3 months before your 65th birthday, your birth month and 3 months after. If you plan to work past age 65, you can delay enrollment in Part B and Medicare gives you enrollment period of 63 days after your employer plans ends. People who have certain disabilities will be automatically enrolled after receiving 24 months of Social Security benefits.
How to enroll in MedicareYou can enroll in Medicare Part A and/or Medicare Part B in the following ways:
- Online at www.SocialSecurity.gov.
- By calling Social Security at 1-800-772-1213 (TTY users 1-800-325-0778), Monday through Friday, from 7AM to 7PM.
- In-person at your local Social Security office.