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Late Enrollment Penalty (LEP)

Jul, 29 2024 — A person enrolled in a Medicare drug plan may owe a late enrollment penalty (LEP) if they are without Part D drug coverage - or other creditable prescription drug coverage - for any continuous period . . .

Jul, 29 2024 — Based on the newly released national base Medicare Part D premium, the 2025 Part D Late-Enrollment Penalty rate will increase 6% -- with the maximum late-enrollment penalty now reaching as high as an extra cost of $984 for the year.

Aug, 02 2023 — Based on the newly released national base Medicare Part D premium, the 2024 Part D Late-Enrollment Penalty rate will increase 6% -- with the maximum late-enrollment penalty now reaching as high as an extra cost of $878 for the year.

Aug, 01 2022 — Based on the newly released national base Medicare Part D premium, the 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 . . .

Aug, 02 2023 — Based on the newly released national base Medicare Part D premium, the 2024 Part D Late-Enrollment Penalty rate will increase 6% -- with the maximum late-enrollment penalty now reaching as high as an extra cost of $878 for the year.

Aug, 01 2022 — Based on the newly released national base Medicare Part D premium, the 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.

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 . . .

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.

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, 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 . . .

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, 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, 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 . . .

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 . . .