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Deductible and co-payments

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In 2020, the annual Part B deductible was $198. The amount usually goes up a little each year and is announced at the same time as the Part B premium. Typically, Medicare pays 80 percent and you pay 20 percent of the Medicare-approved cost of Part B services. Note that you may be charged more than 20 percent if you go to a provider who doesn’t accept the Medicare-approved cost as full payment, as I explain in Chapter 13.

Medicare For Dummies

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