Part B is Medical Insurance which costs $164.90 per month and covers physicians services, outpatient care, test, and supplies. (see Medicare Part B)
On Expenses
|
Medicare Covers |
You Pay $226 Annual Part B Deductible PLUS |
Medical Expenses: Physicians services, inpatient, outpatient medical/surgical services, physical/speech therapy, diagnostic test. | 80% of approved amount | 20% of approved amount |
Clinical Lab
Services Blood Test, Urinalysis |
Generally 80% of approved amount | 20% of approved amount |
Outpatient
Hospital; Medical equipment; Medications and supplies provided incident to a physicians service. |
Medicare payment to hospital based on hospital cost | 20% of Billed Amount |