Medicare Part B (medical insurance) covers medical services provided by doctors, nurses, and other health care professionals. Part B coverage includes outpatient care, ambulance services, preventive services, and durable medical equipment. It also covers part-time home care and rehabilitative services, including physical therapy.
Medicare Part B covers:
- Medically necessary services: Services provided by doctors, nurses, and other health care professionals or supplies needed to diagnose or treat your medical condition and meet accepted standards of medical practice.
- Preventive services: Health care to prevent illness (like the flu) or detect it at an early stage, when treatment is most likely to work best. You pay nothing for most preventive services if you get the services from a health care provider who accepts Medicare assignment.
Most people will pay the standard Part B premium of $144.60 in 2020 but based on your income; you could pay more due to the Income Related Monthly Adjustment Amount (IRMAA).