Part B of Medicare is your medical (out-patient). Once you have chosen to elect Part B, there will be a monthly premium (average premium $144). Part B will cover 80% of your costs and you are responsible for the remaining 20% and a annual deductible of $198 (2020).
We will share stories of our experiences with Medicare.
Presciption Drug Plan
The Four Parts of Medicare:
Part A is your hospitalization coverage and the first part of Medicare you will receive.
Part B is your medical or out- patient. Which you receive once you have elected it.
Part C is known as a Medicare Advantage Plan or MAPD.
Part D is your stand alone prescription drug plan. They are government run.
If you like our podcast you can also hear us on The Bob Yarbrough Show on Newstalk Knoxville 98.7