Medicare Part B

Part B provides coverage for your medical needs outside of hospital stays. This includes doctor visits, lab tests, preventive services, ambulance rides, and outpatient surgeries. Without Part B, you wouldn't have coverage for these essential services, including treatments like cancer therapy and kidney dialysis, which are very costly.

The cost of Part B is set annually by Social Security and varies based on your income. Higher-income earners pay more than those with lower incomes. Your Part B premium is determined by your modified adjusted gross income reported to the IRS.