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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