Medicare Part B is medical insurance that helps cover the cost of doctor’s visits, medical supplies and outpatient visits. It also covers preventive services such as lab tests, screenings, and shots. Medicare Part B is a part of original Medicare, which also includes Medicare Part A. What Does Medicare Part B Help Cover?The following are examples of services Part B can help cover:
Need Medicare Help?Call 855-278-2700 or Click Get Help Now
​ How Much Does Part B Cost?The cost of Part B largely depends on your income. Put simply, the higher your income, the more you are required to pay. Whether your single or married, is also a factor as well. The standard Medicare Part B Premium is $174.70 in 2024. This is the cost for those who file an individual tax return and make under $103,000 a year. If you file a joint tax return and make $206,000 or less, you also pay $174.70. If you’re having difficulty paying for Medicare, you may also qualify for programs that can help lower your costs. These programs can be offered through State Medicaid Assistance. If you qualify, these programs can help pay for your Part A and Part B deductibles, copayments and coinsurance. What is the Medicare Part B Deductible?The Medicare Part B deductible for 2024 is $240. Once you pay your yearly deductible, Medicare Part B will start to pay for your covered medical service. Depending on the service, you may need to pay a coinsurance as well. For example, you will likely need to pay 20% of the cost for services your doctor provides even after the deductible is paid. This is where a Medicare Supplement Plan can help with these costs. How Do You Know If Medicare Part B Covers What You Need?You can find out if Medicare covers what you need by discussing it with your healthcare provider. Ask if Original Medicare covers the service or treatment that you may need. Am I Eligible for Medicare Part B?You qualify for Part B under these conditions:
How Do I Get Medicare Part B?You are automatically enrolled in Part B if you receive Social Security Benefits. If you are not receiving Social Security Benefits and want to enroll, you can apply in three different ways.
Need Medicare Help?Call 855-278-2700 or Click Get Help Now
​ |
Subscribe for the latest Medicare news and updates.
Medicare has made several changes to help people pay for their prescription medications. One significant change is eliminating the "donut hole." The Medicare Part D donut hole or coverage gap is a phase where you generally pay more for your drugs. Eliminating this gap is designed to make it easier for people to afford their medications. Medicare Part D Changes 2025 Several other changes are coming to Medicare Part D in 2025. This includes a lower maximum out-of-pocket limit on how much...
Original Medicare (Part A & Part B), does not cover regular eye exams or other vision costs, except in certain situations. However, people on Medicare can look into other options. They may get vision coverage through separate insurance or Medicare Advantage plans (Part C) that include vision benefits. Medicare does not cover routine eye exams. What does Medicare cover for vision? Medicare covers eye exams to check for specific medical conditions, such as: For those with diabetes Medicare...
Many people find the Annual Enrollment Period quite confusing, so we created an easy-to-follow checklist to help guide you through it. Things to know about the Annual Enrollment Period The Annual Enrollment Period (AEP) runs from October 15th to December 7th each year. It is important to keep in mind your Medicare Supplement (Medigap) policy will not be affected during this time. Medigap benefits remain the same each year. However, you can shop rates if you're looking for lower premiums....