Medicare Part B is a crucial component of the federal health insurance program for people who are 65 or older, as well as for some younger individuals with disabilities. It covers a wide range of medically necessary services, including doctor’s visits, preventive care, and some outpatient services. To make sure you’re getting the most out of your Medicare Part B coverage, it’s important to understand how the program works and what steps you can take to maximize its benefits.
Good Medicare News for 2023: Part B premiums will decrease
The Part B monthly premium will be $164.90 next year, a decline of $5.20 or about 3%, according to the Federal Centers for Medicare and Medicaid Services. Medicare Part B covers numerous items, including doctor visits and outpatient services like lab tests and diagnostic screening.