How Much is Medicare Part B?

How Much is Medicare Part B?
Understanding Medicare Part B

Medicare Part B is a form of health insurance offered by the federal government to people who have reached the age of 65 or are disabled. It covers medically necessary services and treatments deemed beneficial for diagnosis, treatment, rehabilitation, and prevention of medical conditions. It also helps cover preventative care, such as physicals and immunizations.

The search terms “how much is Medicare Part B” are important because it’s important to understand the costs associated with this type of coverage so you can make informed decisions about your health care coverage. Without knowing how much Medicare Part B costs, you could be making decisions that end up costing you more money in the long run. That’s why it’s important to understand not just how much Part B will cost, but also what it covers and what’s not included.

The Cost of Medicare Part B:

If you're covered by Medicare Part B, you will have to pay a monthly premium. This is usually deducted from your Social Security benefits, but you can also pay it directly. In 2021, the standard Part B premium is $148.50 per month, but depending on your income level, you may have to pay more.

In addition to your premiums, you will also have to pay a deductible for Medicare Part B coverage. The amount of the deductible varies each year, and in 2021 it is $203. Once you meet the Part B deductible, you will then be responsible for coinsurance. This means you will pay 20% of the Medicare-approved amount for any medical service or supply that Part B covers. There are also copayments for certain services, such as when you visit the doctor, which is $35 in 2021.

When Does Medicare Part B Start?

Medicare Part B begins once you’re eligible. In order to be eligible, you must be a U.S. citizen or permanent resident and be at least 65 years of age, or have a disability or certain medical conditions like end-stage renal disease. If you’re under 65, you may qualify for Part B if you have a disability or certain medical conditions.

You can enroll in Part B when you first become eligible, during the General Enrollment period {April 1 through June 30} or during a Special Enrollment period, which applies to people who already have other forms of health insurance.

Once enrolled, your coverage will begin the first day of the month after your enrollment, as long as premium costs are paid on time. So if you enroll on May 15th, your coverage could start on June 1st.

  • Eligibility requirements for Medicare Part B
  • When you can enroll in Part B
  • How coverage begins once enrolled

How Beneficiaries Pay for Medicare Part B

Medicare Part B is the Supplemental Medical Insurance portion of Medicare and helps cover medically necessary services like doctor visits and outpatient care. To receive these benefits, beneficiaries must enroll in Part B and pay a monthly premium.

When enrolling in Medicare, beneficiaries have several options for how they pay for their monthly Part B premiums. For some, Part B may automatically be deducted from Social Security, Railroad Retirement or Civil Service Retirement benefits. Others may have different payment options, such as mailing a check each month or having an electronic transfer of funds out of a designated checking or savings account.

In addition to monthly premiums, Part B also carries an annual deductible, coinsurance and copayment costs. Beneficiaries are required to pay a certain amount out-of-pocket when receiving medical services, depending on the type of care they need. The amount that must be paid varies depending on the service.

For those who find it difficult to pay for their Part B benefits, there may be financial assistance available. Those with low incomes may qualify for help paying their premiums, deductibles and coinsurance costs. To learn more about financial assistance, contact your local Social Security office.

What Is Covered Under Medicare Part B?

Medicare Part B is an insurance program administered by the federal government that helps cover costs associated with medically-necessary services and treatments. Part B covers a variety of services, including outpatient visits, preventive care, laboratory and diagnostic tests, mental health care, emergency room visits, durable medical equipment, ambulance services, some home health care costs and certain prescription drugs.

Part B also covers preventive care, such as physicals, immunizations, screenings and certain other preventive services. In addition, it covers some health care costs associated with clinical research studies and limited outpatient prescription drugs.

Part B also pays for one-time preventive services, such as vaccinations, screenings, and flu shots, when they are provided by an approved provider. The goal of these services is to help keep beneficiaries healthy and reduce their risk of developing health conditions.

What Is Not Covered Under Medicare Part B

Medicare Part B has some limitations on what it covers. Services and treatments that Medicare Part B does not cover include:

  • Dental care, check-ups, and dentures
  • Most hearing aids and exams for fitting them
  • Routine foot care
  • Cosmetic surgery
  • Acupuncture
  • Long-term care

In addition, some services and treatments may require out-of-pocket expenses even if they are covered by Medicare Part B. These may include copayments, deductibles, or coinsurance.

Extra Benefits With Medicare Part B

Medicare Part B provides more coverage than just the basics. Additional benefits can be accessed through Medigap policies, which are private insurance policies that fill in gaps in Medicare coverage. For example, a Medigap policy may cover copayments, coinsurance, or other health care costs not covered by Medicare. There is also Extra Help, an assistance program available through Medicare Part B. This provides beneficiaries with financial assistance to pay for their Part B premiums, deductibles, and coinsurance.

Medigap Policies

Medigap policies can help bridge the gaps in Medicare coverage. It is important to note that Medigap policies only apply to Original Medicare. They do not work with Medicare Advantage plans. Part B Medigap plans are available in 10 different policy levels, ranging from A-N. Each of these offers a different level of coverage, including a variety of services and treatments.

Extra Help Program

The Extra Help program through Part B helps low-income seniors with their medication, medical equipment, and Part B coverage costs. Beneficiaries must meet certain income and resource requirements to qualify for this assistance. The amount of help provided varies depending on the individual’s situation, but it can provide up to 80 percent off Part B’s premium, deductible, and coinsurance costs. To find out if you qualify for Extra Help, visit Social Security's website or contact your local state Medicaid office.

How to Choose a Medicare Plan That Includes Part B

When choosing your Medicare plan, it's important to consider the different types of plans that are available and how much they cost. One of these plans is Medicare Part B, which provides supplemental insurance coverage in addition to other types of Medicare coverage. It's important to understand how each type of plan works and what benefits they provide so that you can make an informed decision about which type of plan is best for you.

There are two main types of Part B plans: stand-alone Part B plans and Medicare Advantage plans that include Part B coverage. Stand-alone Part B plans are private plans that cover the same services as traditional Medicare Part B. Medicare Advantage plans are offered by private insurance companies and provide more comprehensive coverage than stand-alone Part B plans, including coverage for services not covered by Part B such as vision, hearing and dental care.

It's important to compare the costs and benefits of each type of plan and make sure that the plan you choose covers all the services you need. Make sure to research the plan's coverage and check that it meets all of your needs before making a decision. Additionally, be sure to find out how to enroll in the plan of your choice and how to pay for your premiums.

Avoiding Fraudulent Practices

It is important to protect yourself from fraudulent practices related to Medicare Part B. As a beneficiary, you should always make sure you only use reputable providers and services that are covered by Part B so you know your claims will be processed accurately. Here are some tips on how to spot potential fraudulent activity and practice safe use of your Part B coverage:

  • Do your research – Verify the credentials of any provider you are considering. Check for any complaints or history of fraud with relevant government agencies.
  • Review your bills – Make sure all services and treatments billed to Medicare Part B are medically necessary and provided by a qualified provider.
  • Check claims status – You can review the status of submitted claims and make sure payment has been received.
  • Report fraud – Always report any suspicious activity or fraud to the proper authorities.

Review of Medicare Part B

Medicare Part B is a supplemental health care insurance plan for people who are already enrolled in Original Medicare. It is designed to cover medically necessary services and treatments such as doctor visits, preventive care, outpatient hospital care, limited home health care services, diagnostic screenings and tests, and durable medical equipment, as well as prescription drugs that are not covered under Part A or Part B.

In addition, Part B also helps pay for services related to medical conditions or illnesses, such as physical therapy, lab tests, and rehabilitation services. Part B can be used to cover some items that Part A does not cover, such as ambulance services, dental care, mental health services, and certain vision services.

Part B can be purchased separately from Original Medicare, or it can be added to an existing Original Medicare plan. Many Medicare Advantage plans also include Part B coverage. It is important to understand the costs and benefits of Part B before deciding to purchase or add it to an existing plan.

Summary: Costs and Benefits of Medicare Part B

Medicare Part B is an important option for seniors and those with disabilities to obtain supplemental health insurance coverage. Medicare Part B covers many medical services and treatments not included in the original Medicare plan including preventive care, doctor visits, lab tests, ambulance services and more. The cost of Part B includes a monthly premium and potential copayments, deductibles and coinsurance depending on the service.

Part B also provides additional benefits like having access to extra help programs and Medigap plans. Furthermore, it is important to be aware of fraudulent practices that are present in many health coverage plans. When choosing a Medicare plan, it is important to compare Part B plans and Medicare Advantage plans.

By understanding the costs and benefits of Medicare Part B, beneficiaries can make an informed decision about the best Medicare coverage for their own individual needs.


It is important for Medicare beneficiaries to understand what is covered under Medicare Part B and how much it will cost. Beneficiaries should also be aware of the limitations of Part B coverage and any extra benefits or financial assistance they may qualify for. All of these factors can help individuals determine what type of plan or supplemental coverage best meets their needs.

By researching the cost, benefits and available options associated with Medicare Part B, beneficiaries can make informed decisions about their healthcare coverage.