Once the annual deductible for Part B benefits has been met, Medicare will cover what percentage of medical expenses for a beneficiary?

Once the annual deductible for Part B benefits has been met, Medicare covers 80% of the approved medical expenses for a beneficiary. This percentage reflects the standard coverage provided by Medicare Part B for services such as outpatient care, physician visits, and some preventive services. Beneficiaries are then responsible for the remaining 20% of the costs, which is often referred to as coinsurance.

This structure is designed to balance the costs between Medicare and the beneficiary, ensuring that while a significant portion of medical expenses is covered, beneficiaries also have some financial responsibility. Understanding this percentage is crucial for beneficiaries to manage their healthcare costs effectively and to plan for potential out-of-pocket expenses once they meet their deductible.