Which of the following statements about Medicare Part B is true?

Prepare for the HFMA Business of Health Care Test. Study with flashcards and multiple choice questions, each question offers hints and explanations to boost your confidence. Ace your exam!

Medicare Part B is designed to cover a wide range of healthcare services and is known for its outpatient coverage. This includes services such as physician visits, outpatient hospital services, durable medical equipment, and preventive services. The breadth of services covered under Part B exceeds that of Part A, which primarily focuses on inpatient hospital care and some skilled nursing facility care.

Understanding the scope of Medicare Part B highlights its critical role in providing healthcare to beneficiaries. Unlike Part A, which is financed through payroll taxes and generally has no monthly premium for beneficiaries, Part B requires a monthly premium that can vary based on income. Additionally, Part B does include deductibles and cost-sharing, which distinguishes it further from the statement that it does not have a deductible. Part B is accessible to a wider population, not just low-income individuals, as it is available to all eligible Medicare beneficiaries regardless of income level. Thus, the defining characteristic of Part B is its comprehensive coverage of outpatient services, making the assertion that it covers a broader range of services than Part A accurate.

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