Question

What is the part of the Medicare program that pays for physician services, outpatient hospital services, durable medical equipment, and other services and supplies?

1) Part A
2) Part B
3) Part C
4) Part D

Answer 1

The Medicare program part that covers physician services, outpatient hospital services, and other medical supplies is Medicare Part B. It is an optional insurance system that includes a monthly fee and requires participants to pay deductibles and copayments.

Step-by-step explanation:

The part of the Medicare program that pays for physician services, outpatient hospital services, durable medical equipment, and other services and supplies is Part B.

Medicare Part B is an optional insurance system that covers health-care costs outside of hospital stays. This includes coverage for services such as physician services, medical tests, and outpatient visits. Participants of Medicare Part B are required to pay a monthly fee, along with deductible charges and copayments, with the government contributing approximately three-fourths of the overall costs.

Medicare was established in 1965 and has since become an important public health service for those over sixty-five years of age as well as others who meet certain disability standards. With rapidly rising medical prices, spending on Medicare is projected to grow significantly in the coming years.