Medicare Part B is one of the two most critical parts of Medicare. You will join Medicare Part B whether you go down the Original Medicare or Medicare Advantage path.
Learn more about Medicare Part A.
Medicare Part B covers most of what you will need when it comes to your outpatient healthcare.
Part B covers:
- Doctor’s office visits
- Labs and x-rays
- Durable medical equipment (DME)
- ER visits that don’t result in hospital admission
- Ambulance services
- Outpatient hospital charges
- Home Health
- Anything not considered inpatient and not a drug you pick up from the pharmacy
- Medications that must be administered by a medical professional (chemotherapy)
Medicare does have a complete list of the services that they will cover on their website.
It’s also important to know that Part B only covers 80% of the cost of these services.
The remaining 20 %, most of you will either get a Medigap plan or a Medicare Advantage plan.
Part B in 2024 is $174.70 a month for most people. If you have a higher income, you will pay an additional surcharge on top of this base premium.
To get more information on the income levels and surcharge amounts, read our blog on IRMAA & Medicare.
It is critical to note that you will ALWAYS pay the Part B premium no matter the path that you take.
Far too often I see Medicare Advantage being advertised as “free” and people do not realize this does not get them out paying that premium. You will still have to pay.
To get more information on Medicare, you can join one of our free workshops.
The Medicare Coach is not an insurance agent or broker. We do not accept commissions, therefore our guidance is completely unbiased and in your best interest.
This workshop has helped over 200,000 people easily make their RIGHT decision.
> Click here to register for our next FREE workshop.
We look forward to seeing you on the workshop!
