bb8c6c6c-2069-4281-acb7-f1be8ade6c42bb8c6c6c-2069-4281-acb7-f1be8ade6c42What is Medicare Part B?What is Medicare Part B?consumer_article_Feature.xml0a74dc541-7da2-4470-b47b-8002a7bc2a27wbmd_copyrightwbmd_company704de4e9-758d-466b-a77f-a2e891dd30f4WebMD© 2021 WebMD, LLC. All rights reserved.What is Medicare Part B?931b96bb-969d-47ba-a415-98e509dbe5d5wbmd_publication091e9c5e81da739eWebMD Affiliate Content5WebMD Affiliate Contentwbmd_company704de4e9-758d-466b-a77f-a2e891dd30f4WebMDA key component of Original Medicare, Part B covers doctor visits, lab tests, medical equipment, and other outpatient services.11/17/2022 08:00:00A key component of Original Medicare, Part B covers doctor visits, lab tests, medical equipment, and other outpatient services.What is Medicare Part B?What is Medicare Part B?A key component of Original Medicare, Part B covers doctor visits, lab tests, medical equipment, and other outpatient services.What is Medicare Part B?A key component of Original Medicare, Part B covers doctor visits, lab tests, medical equipment, and other outpatient services.What does medicare part b cover?, How much is medicare part b?, Is medicare part b mandatory?, Can i get medicare part b for free?, Is medicare part b automatically deducted from social security? 07751a497-d1a1-4310-b186-5cf562a5a586ManjariBansalAge.23cust017Fgen.10what-is-medicare-part-bA key component of Original Medicare, Part B covers doctor visits, lab tests, medical equipment, and other outpatient services.What is Medicare Part B?A key component of Original Medicare, Part B covers doctor visits, lab tests, medical equipment, and other outpatient services.Original Medicare is composed of Parts A andB. Part B (Medical Insurance) helps cover the cost of healthcare services like outpatient care, doctors' services, and other medical supplies. Since you pay a monthly premium for Part B, you may delay signing up for Part B under certain conditions. Find out more about services covered by Medicare Part B and when you can sign up. What is Medicare part B?“Medicare is a health care insurance program for those who are 65+ or under 65 and have a qualifying disability or disease” Danielle Miura, CFP, a Financial Planner and Founder of Spark Financials, tells WebMD Connect to Care.According to the Centers for Medicare and Medicaid Services, Medicare has 3 parts:Part A: Also called Hospital Insurance, this covers your hospital stays, care in a skilled nursing facility, some health care services at home, and hospice care.Part B: Also called Medical Insurance, this mainly covers your outpatient care, medical supplies, and some preventive services.Part D: This covers the cost of certain prescription drugs. Depending on your specific needs, you can enroll for Medicare in one of two ways: You may choose Original Medicare or a Medicare Advantage Plan (MA plan).Original Medicare provides both Part A (hospital insurance) and Part B (Medical insurance). “If you elect to go this route, your coverage is provided through the federal Medicare program,” Garrett Ball, Owner of Secure Medicare Solutions/65Medicare.org, tells WebMD Connect to Care. “You can elect to also add prescription drug coverage (Part D) or Medicare Supplement (Medigap) coverage as well to help offset your out-of-pocket costs under original Medicare.”“The second option for Medicare enrollees is Medicare Advantage, also known as Part C,” Ball says. “Medicare Advantage is a Medicare-approved plan from a private insurance company that is an alternative to original Medicare. Under this option, your benefits are provided by the private health insurance company. These bundled plans include coverage for Part A, Part B, and often, Part D (prescription coverage). Medicare Advantage plans can include some extra benefits that are not included in original Medicare, such as dental, vision, and hearing services.”  What does Medicare Part B cover?According to the Centers for Medicare and Medicaid Services, Part B of Original Medicare covers 2 types of services:Services that are medically required: This includes services or supplies that are essential for the diagnosis or treatment of a medical condition.Preventive services: "This covers preventive care like exams, lab tests, and medical screening to prevent or manage a medical issue,” Miura says.Medicare Part B covers services/supplies like:Services from doctors and other healthcare providersOutpatient careHome health carePreventive services like screenings, shots or vaccines, and yearly check-upClinical ResearchDurable Medical Equipment (DME)Ambulance servicesMental Health (including inpatient, outpatient, and partial hospitalization)Some outpatient prescription drugsFor example “In an annual doctor's check-up appointment, Part B will cover the cost of the appointment and screenings or lab tests a doctor may prescribe,” Miura says. “In emergencies, Medicare part B will cover a portion of the cost of an ambulance ride and emergency care.” Is Medicare Part B mandatory?Medicare Part B is not mandatory, it is optional, states the U.S. Department of Health & Human Services.According to Social Security Administration (SSA), most Americans at the age of 65 usually sign up for Original Medicare, which consists of both Part A and Part B. However, some people sign up for Part A exclusively because Part B requires the payment of a monthly premium.You may delay Part B under two conditions:You are still working and have a group health plan through your employer. Your spouse is working and you are covered under your spouse’s group health plan.According to the American Association of Retired Persons (AARP), when either your employment or health care coverage ends, irrespective of your age, you may enroll in Part B during a special enrollment period (SEP) of up to eight months without incurring late penalties. You may also sign up for Part A (if you don't alreadu have it) and Part D during this SEP. This allows you to enroll for Medicare without having a gap in your medical coverage and without paying a penalty for late enrollment.Is Medicare Part B mandatory? continued...SSA notes that if you don't qualify for an SEP and you did not sign up for Part B when you were first eligible:You may end up paying a late enrollment penalty for as long as you have Part B.You may have to pay the entire cost for doctor’s services, medical supplies, outpatient care, and preventive services. You can sign up for Part B only between January 1 and March 31 (the General Enrollment Period of any given year)--which can cause a gap in health coverage.In the case of the Medicare Advantage Plan, “you must have an active Medicare Part A and B to enroll in Medicare Advantage coverage,” Lindsay Malzone, Medicare expert for Medigap.com, tells WebMD Connect to Care. How much is Medicare part B?Original Medicare beneficiaries usually pay a premium of $170.10 every month for Part B in 2022, according to the Centers for Medicare and Medicaid Services. This amount can vary each year and it is mandatory to make this payment every month, even if you don't utilize any services covered by Part B. “For 2023, Medicare beneficiaries' premium can range from $164.90 to $560.50, depending on their income,” Miura says. “For example, Paul is 70 and enrolled in Medicare Part A and B with a MAGI [Modified Adjusted Gross Income] of $135,700. Paul's MAGI will pull him into the third-tier income bracket; therefore, he will pay $319.70 monthly.”The deductible for Medicare Part B is $233 ($226 in 2023), which you'll pay once every year before Original Medicare starts to pay. You'll also pay 20% of the cost of each Medicare-covered service or supply as coinsurance, after you've paid your deductible.  Can I get Medicare Part B for free?“Medicare Part B is only free for those considered low-income and enrolled in one of the Medicare Savings Programs for financial assistance,” Miura says. “Although enrollment eligibility varies by state, some states have higher income or asset limits than others.”There are Medicare Savings Programs, offered at the state level, which may help you pay for premiums, deductibles, coinsurance, and copayments for your Original Medicare Part A and Part B.When you apply for a Medicare Savings Program, your state will determine your eligibility for the programs that they offer. In most cases, you’ll qualify for Medicare Savings Program if your income and resources are below a certain limit.  Is Medicare Part B automatically deducted from social security?“Medicare can be deducted from Social Security benefits or Railroad Retirement Board benefits,” Miura says. “If you are enrolled in Part B and collecting Social Security benefits, Medicare will automatically deduct your premiums from your monthly Social Security check.”If you are not getting benefits from Social Security or the Railroad Retirement Board, you may get a bill for the payment of Part B premium from Medicare, notes the Centers for Medicare and Medicaid Services. Get Started NowInterested in learning more about Medicare, Medigap, and Medicare Advantage plans? WebMD Connect to Care Advisors may be able to help.According to the Centers for Medicare and Medicaid Services, Medicare has 3 parts. https://www.medicare.gov/what-medicare-covers/your-medicare-coverage-choices/whats-medicarePart B of Original Medicare covers 2 types of services. https://www.medicare.gov/what-medicare-covers/what-part-b-coversMedicare Part B is not mandatory, it is optional, states the U.S. Department of Health & Human Services. https://www.hhs.gov/answers/medicare-and-medicaid/what-is-medicare-part-b/index.html#:~:text=Part%20B%20is%20optional.,or%20manage%20a%20medical%20problemAccording to Social Security Administration (SSA), most Americans are at the age of 65. https://www.ssa.gov/pubs/EN-05-10012.pdfAccording to the American Association of Retired Persons (AARP). https://www.aarp.org/health/medicare-qa-tool/why-do-some-enroll-in-part-b-after-65/SSA notes that if you don't qualify for SEP. https://www.ssa.gov/pubs/EN-05-10012.pdfFor Medicare Part B, you have to pay a monthly premium. https://www.medicare.gov/basics/get-started-with-medicare/medicare-basics/what-does-medicare-costMedicare Savings Programs are offered by your state. https://www.medicare.gov/basics/costs/help/medicare-savings-programsIf you are not getting benefits from Social Security or the Railroad Retirement Board,. https://www.medicare.gov/basics/costs/pay-premiums#:~:text=Part%20B%20(Medical%20Insurance)&text=premium%20deducted%20automatically%20from%20their,a%20premium%20bill%20from%20Medicare.Connect to Care - Medicare091e9c5e82452e83What is Medicare?Learn more about the eligibility requirements, associated costs, and how to sign up for Original Medicare or Medicare Advantage.www/connect-to-care/medicare/what-is-medicare091e9c5e8216aad2091e9c5e82276125Connect Care Bottom Driver Medicaremodule_Connect Care Bottom Driver Medicare_091e9c5e8216aad2.xmlwbmd_pb_sharedmodule0010/13/2021 12:37:540EditorialModulePage Refresh(Default)falsePage Refresh(Default)driver_title:Medicare Plans that Fit Your Needsdriver_sub_copy:Get a free Medicare review & the benefits you deserve!driver_btnCopy:Get Starteddriver_omniture:c2c-drvr-ma_btmdriver_redirectionlink:https://medicare.healthcare.com/?SRC=1111243Page Refresh(Default)left091e9c5e81e6e4b0091e9c5e82276109Connect Care Instream Driver Medicaremodule_Connect Care Instream Driver Medicare_091e9c5e81e6e4b0.xmlwbmd_pb_sharedmodule0010/13/2021 12:37:070EditorialModuleFind a Medicare Plan that Fits Your NeedsPage Refresh(Default)falseLink TextLink Action TextPage Refresh(Default)Search 200+ Medicare Plans in Your AreaLink Action TextPage Refresh(Default)Get StartedLink Action TextPage Refresh(Default)logotextPage Refresh(Default)c2c-drvr-maOmniture m module callPage Refresh(Default)instrmOmniture m link callPage Refresh(Default)mobile imagePage Refresh(Default)left
091e9c5e81e6791e091e9c5e822760f2Connect Right Rail Medicaremodule_Connect Right Rail Medicare_091e9c5e81e6791e.xmlwbmd_pb_sharedmodule0005/12/2022 02:03:380EditorialModuleMedicare Right Rail DriverPage Refresh(Default)trueWhat Do Aetna Medicare Advantage Plans Offer?Page Refresh(Default)How To Sign Up For Medicare Advantage With MedicaidPage Refresh(Default)Here's Each Type of Medicare Advantage Plan, And How They WorkPage Refresh(Default)c2c-drvr-ma_rghtrldriver_type:quick-guidedriver_title:COMPARE MEDICARE PLANSdriver_sub_copy:Free Medicare review by licensed insurance agentsdriver_sub_copy:Free personalized recommendationsdriver_sub_copy:Find a plan that fits your health needs and lifestyledriver_redirection_link:https://medicare.healthcare.com/?SRC=1111243driver_btn_copy:Get Startedlist_style:tickdriver_omniture:c2c-drvr-ma_qkgdWebMD connect CarePage Refresh(Default)left