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What Is Part B (Medical Insurance)?

Part B helps cover medically-necessary services like doctors’ services, outpatient care, and other medical services that Part A doesn’t cover. Part B also covers some preventive services.

How Much Does Part B Cost?

You pay the Part B premium each month. Most people will pay the standard premium amount, which is $96.40 in 2008. However, your monthly premium will be higher if you are single (file an individual tax return) and your yearly income is more than $82,000, or if you are married (file a joint tax return) and your yearly income is more than $164,000.

You also pay a Part B deductible each year before Medicare starts to pay its share. In 2008, the deductible amount is $135.

[For additional information on Medicare Part B consider the following RESOURCES]

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