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Episode 1: Introduction to Medicare

Mastering Medicare

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Part B: What Is It?

Part A is the acute care spectrum and at every part of that spectrum except for home health and hospice, there is cost sharing. So sometimes it's a premium, which means you're just paying for I guess the right to have a service. And sometimes there's actual cost sharing where once the service is provided, then you need to pay a portion of it. Part B is an opt-in product that has a sliding scale monthly deductible that is based on your income. At the lowest, it's like 140 bucks, at the highest it can be as high as 450 bucks.

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