Medicare Part B is your health insurance coverage. It covers all outpatient medical services considered “medically necessary” or “preventative” by a health care professional. These services include any supplies needed to treat or diagnose your condition. Preventative services are used to prevent or detect any medical issues.
Part B coverage includes:
- Inpatient and outpatient care
- Partial hospitalization
- Clinical research
- Durable Medical Equipment
Medicare Part B Cost
Medicare Part B has a monthly premium and an annual deductible. These fees often change from year to year, but these changes are usually not significant. In 2018, the Part B monthly premium is $134, and the annual deductible is $183.
If you have a Medicare supplement plan, some of these plans will cover the annual deductible of $183.
Medicare Part B Eligibility
Your eligibility for Medicare Part B depends on several factors. For example, this eligibility is affected by whether or not you qualify for premium-free Part A or if you have to pay the premium for Part A.
If you are eligible for premium-free Part A, you are automatically eligible for Part B. If you pay a premium for Part A, you must meet certain criteria to enroll in Part B. These qualifications include:
- Being 65 or older
- Being a U.S. Resident & Citizen or lawful alien
Medicare Supplement Plans
While Medicare Part B covers most of the costs associated with your outpatient care, it does not cover all of your costs. To ensure you receive complete coverage, you might want to consider a Medicare supplement plan. These plans can sometimes help cover costs such as your Part B annual deductible, and any copayments or coinsurance you might have.
You can receive a free quote online, or you can feel free to contact us at (800) 310-2550 and we’ll be more than happy to help you.