Medicare Part B pays what percent of approved charges for physician and surgeon services?

Medicare Part B covers physician services, outpatient care, preventive services, and certain medical supplies. According to Pennsylvania Life and Health Insurance licensing materials, Medicare Part B pays80% of Medicare-approved chargesfor covered physician and surgeon services after the insured meets the annual deductible.

The remaining 20% is the responsibility of the beneficiary and is commonly referred to as coinsurance. Many Medicare beneficiaries purchase Medicare Supplement (Medigap) policies to help cover this coinsurance and other out-of-pocket costs.

The other answer choices are incorrect percentages and do not align with Medicare benefit standards tested on the Pennsylvania insurance licensing exam. Therefore, the correct and verified answer isB. 80.