How much does Medicare Part B typically pay for physician fees?

Medicare Part B typically pays 80% of the approved amount for physician fees, making this option the correct choice. This 80% coverage provides substantial financial support to beneficiaries for outpatient services, including consultations, preventive services, and other medically necessary treatments performed by healthcare providers.

The remaining 20% of the costs is generally the responsibility of the beneficiary, either through out-of-pocket payments or supplemental insurance, such as Medigap plans, which can help cover that remaining balance. Understanding this structure is crucial for beneficiaries to plan for their healthcare expenses effectively.