Medicare Part B
Understand the basics of Medicare’s standard medical coverage.
- For 2008, the minimum premium for Part B is $96.40 per month.
- Your loved one must meet an annual deductible ($135 in 2008) as well as pay 20 percent
of Medicare-approved service charges.
- Be sure to make use of Part B’s preventive services benefit to help your loved one
stay in good health. Ask your loved one’s physician about appropriate services.
Next Step
Original Medicare only covers so much. Learn about Medigap plans that provide more
coverage while limiting out-of-pocket costs.
Learn more
Medicare Part B is standard (but optional) medical insurance that helps covers doctor
services and outpatient hospital care. It also covers some other medical services
that Part A doesn't cover, such as some physical and occupational therapy and some
home healthcare. Be sure to take advantage of Part B’s coverage of preventive services,
including screenings that can catch diseases in their earliest stages.
What does Part B cost?
In 2008, Part B coverage requires a monthly premium of $96.40, or higher if your
loved one has an income of more than $82,000 (if single) or a combined income of
$164,000 (if married). Your loved one must also pay a Part B deductible each year
before Medicare coverage begins. In 2008, the deductible is $135.
Should my loved one sign up for Part B now?
For most recipients, it’s best to get Part B coverage as soon as they’re eligible.
If your loved one doesn’t do so, Part B premiums may increase 10 percent for each
year of eligibility. Exceptions apply for recipients who delayed Part B enrollment
because they had group health plan coverage from an employer.
What else is covered?
Durable medical equipment such as wheelchairs, hospital beds, and walkers may be
covered under Part B if it is considered medically necessary. To receive coverage,
make sure you get an order or prescription from your loved one’s doctor or a home
health agency that includes an explanation of its necessity. Save money by taking
the order to a Medicare-approved supplier.
Next step: Original Medicare only covers so much. Learn about Medigap plans that provide more coverage while limiting out-of-pocket costs. Learn More
