93.774: Medicare Supplementary Medical Insurance
Alternate Name: Medicare Part B
Overview
Program Number
93.774
Status
Active
Last Modified
July 27, 2022
Date Posted
July 27, 2022
Objective
To provide medical insurance protection for covered services to persons age 65 or over, to certain disabled persons and to individuals with end-stage renal disease. Enrollment in Part B is voluntary.
Type of Assistance
G - Insurance
Applicant Eligibility
All persons who are eligible for premium-free hospital insurance benefits (see 93.773), and persons age 65 and older who reside in the United States and are either citizens or aliens lawfully admitted for permanent residence who have resided in the United States continuously during the five years immediately preceding the month in which the application for enrollment is filed, may voluntarily enroll for Part B supplementary medical insurance (SMI). The beneficiary pays a monthly premium and an annual deductible. Beginning in calendar year 2008, the Part B premiums have been set based upon beneficiary income. The calendar year 2019 premiums range from $135.50 to $460.50 per month. The annual deductible is $185.00. Some States and other third parties may pay the SMI PART B premium on behalf of qualifying individuals.
Beneficiary Eligibility
All persons who qualify for hospital insurance, and those who do not qualify for hospital insurance but meet eligibility requirements and choose to purchase Part B.
Related Programs
Additional Information
Grant Awards
Medicare Supplementary Medical Insurance direct grants
Grant Opportunities