Medicare Part B Made Easy!
Watch the video. Enjoy the music and learn the basics about Medicare Part B
Medicare Part B basically covers outpatient and laboratory expenses.
Here’s a little trick you can use to help you remember what Part B covers…
Medicare Part B covers medical expenses Before you need to go to the hospital.
Medicare Part B covers things like:
- Regular visits to your doctor
- Visits to a specialist
- Laboratory expenses
- Diagnostic expenses (such as an MRI, or EKG)
- Therapeutic drugs, such as for chemo therapy
Frequently Asked Questions about Medicare Part B
Q. When am I eligible for Medicare Part B?
A. Generally, the first day of the month you turn 65
Q. Is there a premium for Medicare Part B?
A. Yes. In 2011, the Part B premium is $99.90. Most Medicare beneficiaries have this premium automatically deducted from their social security check.
Q. Are there deductibles and co-pays with Medicare Part B?
A. Yes. In 2011, the Part B deductible is $140 (the amount you pay before Part B pays for your outpatient expenses). In 2009, the Part B co-pay was 20% of the Medicare Approved amount. For example if your doctor charged $150 to remove a mole, Medicare may only allow him to bill for $70. You would pay 20% of that amount, or $14.00
Q. Can I refuse Medicare Part B?
A. Yes, but it is NOT recommended. If you change your mind later and opt in to Part B,
you will need to pay a penalty.
Because Medicare Part B does not pay all of your health care costs, you need to get a Medicare Supplement policy. Medicare Supplement insurance pays for the gaps left by Medicare alone, such as co-pays and deductibles (which is why it is often called Medigap Insurance).
Call today for a free, no hassle quote for a Medicare Supplement plan that fits your situation. Call 877-763-3442, or click the banner below.
