Part B (Medical Insurance) helps cover medically-necessary services like doctors' services, outpatient care and other medical services. Part B also covers some preventive services to help maintain your health and to keep certain illnesses from getting worse. Check your Medicare card to find out if you have Part B.

How Much Does Part B Cost?

You pay the Part B premium each month. Most people will pay the standard premium amount. However, if your modified adjusted gross income as reported on your IRS tax return from 2 years ago is above a certain amount, you may pay more.

Fact: Medicare only pays about 80% of Part B expenses. The other 20% or more is up to you. A Medicare Supplement insurance plan can help you pay for what Medicare does not cover.

Continue to Part C

Find out about Medicare Supplement Insurance.