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Late Enrollment Penalty

Aug, 01 2022 — Based on the newly released national base Medicare Part D premium, 2023 Part D Late-Enrollment Penalty rate will decrease; however, the maximum late-enrollment penalty can now reach up to $783 for the year.

Jul, 29 2021 — Based on the newly released national base Medicare Part D premium, 2022 Part D Late-Enrollment Penalties will increase slightly - and the maximum late-enrollment penalty can now reach up to $749 for the year.

Aug, 02 2020 — Based on the newly released national base Medicare Part D premium, the 2021 Part D Late-Enrollment Penalties will increase slightly. The maximum penalties can reach up to $695 for the year.

Mar, 16 2020 — What is the Part D late enrollment penalty? The late enrollment penalty is an amount that may be added to a person's monthly Part D premium. A person enrolled in a Medicare drug plan may owe a late . . .

Aug, 07 2019 — Based on the newly released national base Medicare Part D premium, the 2020 Part D Late-Enrollment Penalties will decrease for the third year in a row - although maximum penalties can reach up to $641 per year.

Aug, 02 2018 — The average monthly 2019 Medicare Part D base premium used to calculate the late-enrollment penalty will decrease to $33.19, a 5.23% decrease from the 2018 base premium of  $35.02.  You . . .

Apr, 23 2018 — What is the Part D late enrollment penalty? The late enrollment penalty is an amount that may be added to a person's monthly Part D premium. A person enrolled in a Medicare drug plan may owe a late e . . .

Aug, 09 2017 — The average monthly 2018 Medicare Part D base premium used to calculate the late-enrollment penalty will decrease to $35.02, a 1.71% decrease from the 2017 base premium of  $35.63.  You may . . .

Aug, 01 2016 — The average monthly 2017 Medicare Part D base premium used to calculate the late-enrollment penalty will increase to $35.63, a 4.5% increase over the 2016 base premium of $34.10.  (You might reme . . .

Jul, 10 2016 — What is the Part D late enrollment penalty? The late enrollment penalty is an amount that’s added to a person’s monthly Part D premium. A person enrolled in a Medicare drug plan may owe . . .

Jul, 30 2015 — In 2016, the average monthly Medicare Part D base premium used to calculate the late-enrollment penalty will be $34.10, a 3% increase over the 2015 base premium of $33.13. How is the late-enrollmen . . .

Aug, 17 2014 — If you have accrued a Medicare Part D late-enrollment premium penalty (LEP), you can expect to see a 2% increase in your 2015 penalty payment. How high of a late-enrollment penalty could someone pa . . .

Jul, 31 2014 — What is the Part D late enrollment penalty? The late enrollment penalty is an amount that is added to a person’s Part D premium. A person enrolled in a Medicare drug plan may owe a late enrol . . .

Aug, 17 2013 — If you have accrued a monthly Medicare Part D late-enrollment premium penalty, you can expect to pay a 4% increase in your 2014 penalty.  The late-enrollment premium penalty is an additional mont . . .

Aug, 12 2012 — If you have accrued a monthly late-enrollment premium penalty, you can expect to pay slightly more of a penalty in 2013.  The late-enrollment penalty is an additional monthly cost paid by Med . . .

Aug, 07 2012 — What is the Part D late enrollment penalty? The late enrollment penalty is an amount that is added to a person’s Part D premium. A person enrolled in a Medicare drug plan may owe a late enrol . . .

Sep, 13 2010 — What is the Part D late enrollment penalty? People who don’t join a Medicare drug plan when they are first eligible for Medicare Part A (Hospital Insurance) and/or Medicare Part B (Medical In . . .

Nov, 13 2007 — Question: I have really low prescription drug needs and did not enroll into a Medicare Part D prescription drug plan during my initial enrollment period.  However, I now have decided to joi . . .

Nov, 13 2007 — Please note the following updates: The Part D base beneficiary premium for 2006 was $32.20 The Part D base beneficiary premium for 2007 was $27.35 The Part D base beneficiary premium for 2008 was . . .

Jan, 10 2007 — On Tuesday, January 9, 2007, the Centers for Medicare and Medicaid Services (CMS) Office of Public Affairs issued a press release waiving the late enrollment monthly premium penalty (LEP) for all Medi . . .