Part B Medicare Insurance
What is Medicare Part B?
Part B helps cover medically-necessary services like doctors’ services, outpatient care, home health services, and other medical services. Part B also covers some preventive services. Check your Medicare card to find out if you have Part B.
How Much Does Part B Cost?
If you have Part B, you pay a Part B premium each month. Most people will pay the standard premium amount of $148.50 (2021). Social Security will contact some people who have to pay more depending on their income. If you do not sign up for Part B when you are first eligible, you may have to pay a late enrollment penalty.
How Do I Get Part B?
Individuals already enrolled in Social Security Benefits will automatically get Part B and receive a Medicare Card in the mail three months before your 65th birthday or on your 25th month of being disabled. If you are not claiming Social Security Benefits or are not disability eligible, you can apply online at Social Security, visit your local Social Security Office, or call Social Security.
What Does Part B Cover?
Part B covers two types of services:
Medically-necessary services - Part B covers services or supplies that are needed to diagnose or treat your medical condition and that meet accepted standards of medical practice. Basically, this covers Doctors, X-Rays, Blood work, outpatient surgery, specialist visits, etc.