Medicare

Medicare Part B (Medical Insurance)

Physician services, outpatient care, tests, & supplies — per calendar year

Overview

Medicare Part B is Medical Insurance that covers physician services, outpatient care, diagnostic tests, & supplies on a calendar-year basis. Part B requires a monthly premium — $202.90 standard in 2026 — plus a $283 annual deductible. After the deductible, you generally pay 20% of the Medicare-approved amount.

What Medicare Part B is

Part B is the medical-insurance side of Original Medicare. Where Part A handles hospital confinement, Part B pays for the day-to-day medical care that keeps you healthy — doctor visits, preventive screenings, outpatient procedures, lab work, & medically necessary equipment you use at home.

Part B runs on a calendar-year basis. Your deductible & any progress toward it reset every January 1.

What Part B covers

Part B covers physician services & outpatient care, including:

  • Doctor visits, specialist visits, & physician services during a hospital stay
  • Medications administered in a provider's office
  • The annual wellness visit & preventive services such as flu shots & mammograms
  • Clinical laboratory services — blood & urine tests
  • X-rays, MRIs, CT scans, EKGs, & other diagnostic tests
  • Physical, occupational, & speech-language therapy
  • Mental & behavioral health care, including counseling & substance-use treatment
  • Diabetes screenings, education, & certain diabetes supplies
  • Durable medical equipment for home use — oxygen, CPAP, wheelchairs, walkers
  • Ambulatory surgery center services, ambulance, & emergency-room services
  • Health programs like smoking cessation, obesity counseling, & cardiac or pulmonary rehab

Who is eligible

  • Anyone eligible for Medicare Part A
  • Retirees without qualifying employer group coverage
  • People who want doctor & outpatient coverage under Original Medicare
  • Anyone planning to enroll in Medicare Advantage or a Medigap policy (both require Part B)

Why someone chooses Part B

Part B is what makes Original Medicare feel complete — it turns hospital-only Part A into a full medical plan. It's also the gateway to every other Medicare option: you must be enrolled in Part B before you can join a Medicare Advantage plan or buy a Medicare Supplement (Medigap) policy.

Important benefits & limitations

  • Standard 2026 monthly premium is $202.90; higher-income earners pay an IRMAA surcharge
  • $283 annual deductible; after that, Medicare typically pays 80% & you pay 20% of the approved amount
  • Clinical laboratory services & most preventive care are covered at 100%
  • Non-participating providers may charge up to 115% of the Medicare-approved amount — those excess charges are your responsibility
  • Delaying Part B without qualifying group coverage triggers a lifelong 10% late-enrollment penalty for every 12 months you were eligible but not enrolled

IRMAA — higher premiums for higher incomes

For 2026, beneficiaries whose 2024 income exceeded $109,000 (individual) or $218,000 (joint) pay an Income-Related Monthly Adjustment Amount that raises the Part B premium from $284.10 up to $689.90 depending on income bracket. Part D also has its own IRMAA, billed directly by Medicare.

Key highlights

  • 2026 standard monthly premium: $202.90
  • 2026 annual deductible: $283
  • You pay 20% of the Medicare-approved amount after the deductible
  • Clinical laboratory services covered at 100% — you pay nothing
  • Most preventive services (flu shots, wellness visit, mammograms) covered at 100%
  • Higher-income earners pay IRMAA on top of the standard premium

What it covers

Doctor & specialist visits

Primary care, specialists, & physician services during a hospital stay, plus medications administered in the provider's office.

Preventive care

Annual wellness visit, flu shots, mammograms, colonoscopies, diabetes screenings, obesity counseling, smoking cessation, & cardiac/pulmonary rehab.

Lab & diagnostics

Clinical labs (blood/urine), X-rays, MRIs, CT scans, EKGs, & other diagnostic tests.

Therapies

Physical, occupational, & speech-language therapy.

Mental & behavioral health

Counseling, psychiatric evaluation, & substance use treatment.

Durable medical equipment

Oxygen, CPAP, wheelchairs, walkers, & certain diabetes supplies for use at home.

Ambulance & ER services

Emergency transport, ambulatory surgery centers, & emergency room services.

2026 Part B costs — per calendar year

ExpenseMedicare coversYou pay
Annual deductibleApproved expenses after deductible is met$283 annual deductible
Medical expenses (physician services, inpatient/outpatient, therapy, diagnostic tests)80% of approved amount20% of approved amount
Excess doctor charges (nonparticipating providers, up to 115% of approved amount)0% above approved amountAll costs above approved amount
Clinical laboratory servicesGenerally 100% of approved amountNothing for services
Home healthcare — skilled services100% of approved amountNothing
Home healthcare — durable medical equipment80% of approved amount20% of approved amount
Outpatient hospital treatmentMedicare payment based on outpatient ratesCoinsurance based on outpatient rates
Blood80% of approved amount after first 3 pintsFirst 3 pints + 20% of approved amount for additional pints

A nonparticipating physician can charge up to 115% of the Medicare-approved amount (may vary by state; New York limits are lower). If a provider accepts Medicare assignment, you only pay the 20% coinsurance. The 2026 Part B deductible ($283) & standard premium ($202.90) are the official CMS figures published November 2025; higher-income beneficiaries pay more through IRMAA.

IRMAA — higher premiums for higher incomes

For 2026, beneficiaries whose 2024 income exceeded $109,000 (individual) or $218,000 (joint) pay an Income-Related Monthly Adjustment Amount that raises the Part B premium from $284.10 up to $689.90 depending on income bracket. Part D also has its own IRMAA, billed directly by Medicare.

Medicare Savings Programs may help

QMB, SLMB, & QI programs help lower-income beneficiaries pay Part B premiums and, in some cases, deductibles & coinsurance. Some Medicare Advantage plans also include a Part B 'give-back' benefit.

Frequently asked questions

Do I have to enroll in Part B?+

Not if you have qualifying group coverage through active employment. If you don't, delaying Part B triggers a lifelong late-enrollment penalty of 10% for each 12-month period you were eligible but not enrolled.

What is IRMAA?+

The Income-Related Monthly Adjustment Amount is an extra premium tacked onto Part B (and Part D) for higher earners. In 2026, IRMAA starts at incomes above $109,000 individual / $218,000 joint (based on your tax return from 2 years ago).

How does Part B pay for care?+

Medicare pays 80% of the approved amount for most services after your $283 deductible. You (or a Medigap plan) are responsible for the remaining 20%.

When are Medicare premiums due?+

All Medicare bills are due on the 25th of the month. Missing a payment adds a past-due amount to your next bill.

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