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Insurance & Risk Management
15. Chapter 18: Social Insurance/Medicare
15. Chapter 18: Social Insurance Illustration
Syllabus Slides

Medicare

01.Core Concepts

Medicare Part B (Medical Insurance) is a voluntary program that covers medically necessary physician services and supplies, outpatient care, home health services, durable medical equipment, and other medical services Beneficiaries must pay a monthly premium for the benefits The beneficiary must meet an annual deductible The program pays 80 percent of the Medicare-approved amount for most services