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Understanding Medicare: Part B

What does Medicare Part B cover?

Part B (Medical Insurance) helps cover:

  • Medically necessary doctors’ services
  • Outpatient care
  • Home health services
  • Durable medical equipment
  • Mental health services and other medical services.
  • Part B also covers many preventive services
  • What is Medicare Advantage?

What is the cost for Part B?

The standard premium amount for part B in 2020 is $144.60. However, some people who qualify may pay less and others, over a certain monetary threshold will pay more. The determination is based on your modified adjusted gross income as reported on your IRS tax return from 2 years ago.

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