part B


Also found in: Financial.

part B

Managed care A component of the Medicare reimbursement system–US that provides supplementary payments for medical services and supplies that are not covered under part A; part B is voluntary, covers physician fees and individual provider services; it is financed partly by monthly premiums paid by enrollees and partly by the federal government. See Medicare, Part A, Participation, TEFRA. Cf Medicaid.