What is the general coinsurance percentage for services covered under Medicare Part B?

The general coinsurance percentage for services covered under Medicare Part B is 20%. This means that beneficiaries are typically responsible for paying 20% of the approved amount for medical services and supplies after they have met their annual deductible. Medicare Part B covers outpatient services, including doctor visits, preventive services, and some home health care.

Understanding this percentage is important for beneficiaries and providers, as it helps in planning for out-of-pocket expenses associated with healthcare services covered by Medicare. The 20% coinsurance encourages cost-sharing while providing individuals with substantial coverage for medical needs.