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Part B How Does it Work?

Part B How Does it Work?

Medicare Part B

How much does Part B coverage cost?

The standard Part B premium amount in 2023 is $164.90. Most people pay the standard Part B premium amount every month.

Medicare Part B deductible & coinsurance In 2023, you pay $164.90 for your Part B deductible. After you meet your deductible for the year, you typically pay 20% of the Medicare-approved amount for these: Medically necessary services: Services or supplies that are needed to diagnose or treat your medical condition and that meet accepted standards of medical practice.

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