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Retirement Planning
Chapter 14: Social Security & Medicare/MEDICAL INSURANCE: MEDICARE PART B
Warren Academy Course SyllabusSyllabus Slides
Chapter Study Session

Chapter 14: Social Security & Medicare

MEDICAL INSURANCE: MEDICARE PART B

01.Core Concepts

• Most individuals pay monthly premium of $185 in 2025. Premiums go up with income. • Covers 80% of: • Doctor’s Services • Ambulance Transportation • Diagnostic Tests • Outpatient Therapy Services • Outpatient Hospital Services • Medical Equipment and Supplies • $257 deductible for 2025 per year 47 MEDICARE PART B INCOME-RELATED MONTHLY ADJUSTMENT AMOUNT (IRMAA) • Based on modified adjusted gross income from two years prior.