Understanding Medicare – Part B

Important information on Medicare Part B, including enrollment, premium costs and coverage.


Part B
– If you have qualified for Part A, then you’re qualified to receive Part B. In fact, if you’re getting Social Security, you’ll be automatically enrolled when you turn 65, or if under age 65, have certain disabilities. You can opt out. If you’re not getting Social Security, and want Part B, you must apply. You can enroll in Part B a few different ways; call Social Security, visit the Social Security website, or apply in person at your local office.

Premium Payments

The monthly premium for Part B is based on your income.  This monthly fee can be deducted from your Social Security check.

There is also a yearly deductible.  For 2013, it stands at $140 per month. Once you’ve paid this deductible out-of-pocket, your benefits will kick in and Medicare will pay 80% of the cost of most Part B services.

Part B is medical insurance for issues that don’t require hospitalization, including preventive care.  You’ll want Part B for coverage that extends to:

  • Doctor visits
  • Outpatient treatment
  • Preventive care services (screenings & checkups)
  • Home health services
  • Durable medical equipment (including diabetes supplies)
  • Ambulance services
  • Mental health services

If you have questions choosing a Medicare plan that offers the coverage you need, contact us at MedicareSolutions at 1-800-328-7305 where a licensed sales agent will immediately assist you.

Next Installment – Part D

GET FREE MEDICARE PLAN QUOTES!