MEDICARE PART B

The part of Original Medicare that covers routine doctor visits, preventative care, and general healthcare is known as Part B. You will most likely use the medical services that Medicare Part B provides over time. Part A of Original Medicare also covers inpatient treatment, such as hospital stays.

What Does Medicare Part B Cover?

Consider Part B as your own set of health-related tools.

Part B provides coverage for all doctor visits, medical exams, X-rays, and other outpatient services.Medicare Part B coverage focuses mostly on preventive healthcare. Screenings, vaccines, and healthy lifestyle changes are all part of preventive healthcare, which helps you stay healthy. Your overall, long-term health is significantly impacted by this kind of care.

  • Essential vaccinations – Annual flu shots and other crucial immunizations for maintaining health are covered by Medicare Part B. 
  • Screening for health conditions – When you and your doctor identify chronic illnesses and health concerns early, they can be treated most effectively. Part B includes tests for diabetes, breast cancer, cardiovascular disease, and other conditions because of this.
  • Your annual checkup – Part B provides annual doctor visits, which as part of a comprehensive preventive program serve to ensure you are on course to excellent health. 
  • Healthy lifestyle changes –You can enhance your health by changing your lifestyle with the help of Part B. For instance, Part B covers medically authorized weight reduction programs and smoking cessation programs if you need assistance quitting smoking or losing weight.

 

How Much is Medicare Part B Premium?

Since Part B is dependent on your income level, your Medicare Part B cost can vary. Nearly everyone must pay a premium for Medicare Part B.

Increase by up to $21.60 on Monthly Premium for Part B, which may cost $ 170.10 compared to 2021. Part B premium increase will be somewhat offset by the 5.9 percent increase in Social Security’s annual cost-of-living adjustment (COLA) Those with Medicare and are Social Security beneficiaries will have their premium deducted from their monthly check.

How Much is Medicare Part B Deductible and Coinsurance?

$233. After your deductible is met, you typically pay 20% of the Medicare-Approved Amount for most doctor services (including most doctor services while you’re a hospital inpatient), outpatient therapy, and durable medical equipment (dme)

When Do You Start Receiving Part B Coverage?

This depends on when and whether you submitted your application during your initial enrollment period:

  •  If you apply one to three months prior to turning 65, it begins the month you reach that age.
  • If you applied during the month of your 65th birthday, it begins the next month.
  • If you signed up two to three months after turning 65, your coverage begins three months later.

Your coverage begins on July 1 of that year if you applied during the General Enrollment Period, which runs from January 1 to March 31.

When Can You Apply For Medicare Part B?

If you are already receiving Social Security benefits, you are automatically enrolled in Medicare Parts A and B. You can apply for Medicare through Social Security if you’re not receiving benefits and are of legal age. Initial enrollment period begins:

  • three months before your 65th birthday
  • Month of your 65th birthday
  • three months after your 65th birthday

Medicare covers much more than just Part B. To get a complete view of your Medicare coverage options and prospective costs, learn more about Medicare Part A, Part C (commonly known as Medicare Advantage), and Part D.

Compare costs and find a Medicare plan that’s right for you.

*By completing this form, you agree that an authorized representative or licensed insurance agent may contact you by phone,email,text, mail or face to face to answer your questions or provide additional information about your Medicare plan options. Not affiliated or endorsed by Medicare or any state or federal governmental agency.