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).
Listen hear to some of the questions answered not in the episode.
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.
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