Medicare Part B
Medicare Part B helps pay for physicians` services, outpatient hospital care, ambulance services, prosthetic devices, medical equipment, and a number of other health services and supplies that are not covered by Medicare`s hospital insurance. Medicare Part B has certain out-of-pocket expenses, including a monthly premium, an annual deductible, and coinsurance. The monthly Part B premium is usually deducted from a beneficiary`s Social Security check. The Part B premium typically increases each year.
Part B covers 2 types of services
- Medically necessary services: Services or supplies that are needed to diagnose or treat your medical condition and that meet accepted standards of medical practice.
- Preventive services: Health care to prevent illness (like the flu) or detect it at an early stage, when treatment is most likely to work best.
You pay nothing for most preventive services if you get the services from a health care provider who accepts Assignment.