Medicare Part B is one of the four parts of the Medicare program that provides coverage for doctor bills and other outpatient expenses. Almost everyone who is 65 or older qualifies for Part B. With both Medicare Part A and Part B coverage together, this creates what is known as Original Medicare.
Below, we have highlighted what you should know about Medicare Part B coverage, cost, and eligibility details.
Explore Plan OptionsMedicare Part B covers a broad range of medically necessary outpatient services. Some of the services covered include:
- Home health services
- Emergency ambulance transportation
- Provider services
- Durable Medical Equipment (DME)
- Preventive services
- Outpatient occupational, speech, and physical therapy services
- Chiropractic care, when it is medically necessary
- Certain outpatient prescriptions
- X-rays and lab tests
- Mental health services
Eligibility for Medicare Part B
Most people become eligible for Medicare three months before they turn 65. This begins what is known as the Initial Enrollment Period. The Initial Enrollment Period is the 7-month window that starts three months before your 65th birthday, the month you turn 65, and three months after your 65th birthday.
During this period, you can manually enroll in both Part A and B if you're not automatically enrolled.
What Does Medicare Part B Cost?
There are out-of-pocket costs you should be mindful of when it comes to Medicare Part B. The standard monthly premium for Part B in 2026 is $202.90, while the deductible is $283. Keep in mind that the Part B premium varies among individuals and is dependent on income. If you make an income that's in a higher bracket, you'll likely pay more as a premium.
Do you need help enrolling in Medicare Part B, or would you like to learn more about its coverage? Contact Simple Retirement Benefits today to speak with a licensed Medicare agent to have all of your questions answered!