Question

The amount Medicare pays the physician or healthcare provider after the annual deductible is met is ____.

A) 50%
B) 60%
C) 70%
D) 80%

Answer 1

The amount Medicare pays the physician or healthcare provider after the annual deductible is met is 80%.

Step-by-step explanation:

The amount Medicare pays the physician or healthcare provider after the annual deductible is met is 80%.

Medicare Part B is an optional insurance system that covers health-care costs outside of hospital stays for physician services, medical tests, and outpatient visits. After the annual deductible is met, Medicare pays for 80% of the approved amount for covered services, and the beneficiary is responsible for the remaining 20%. This is known as the 80/20 coinsurance.

For example, if the approved amount for a covered service is $100, after meeting the deductible, Medicare would pay $80 and the beneficiary would pay $20.