Part B premium – Usually taken out of the monthly Social
Security, Railroad Retirement, or Civil Service Retirement check sent to
a beneficiary. If a beneficiary does not receive any of these
payments each month, a bill will be sent every three months.
Beginning in 2007, for individuals with annual incomes exceeding
$80,000, the Medicare Part B premium increases each year will be tied to
Deductible – Beneficiaries are responsible for the Part B
deductible each calendar year. This amount will be adjusted
annually according to increases in Medicare expenditures.
Part B Co-insurance – In most cases, Medicare Part B pays 80%
of the Medicare approved charges. After meeting the deductible,
the beneficiary is responsible for 20% of the Part B approved
Excess Charges – A beneficiary must also pay the excess
charges when the physician or supplier does not accept Part B
Most routine physical examinations and related tests.
(However, new enrollees are entitled to a “Welcome to
Medicare” Physical within six months of initial enrollment in
Most routine foot care
Examinations for fitting a hearing aid
Examinations for eyeglasses unless required by cataract