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Latest Medicare News on Late Enrollment Penalty

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Category: Late Enrollment Penalty

Back To News Home . Browse All (12) Items in Category

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2017 Medicare Part D Late-Enrollment Premium Penalties will increase by 4.5%
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 ...

CMS Tip Sheet - Calculating the Late Enrollment Penalty (2006)
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 ...

CMS Tip Sheet - Calculating the Late Enrollment Penalty (2014 Revision)
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 ...

CMS Tip Sheet - Calculating the Late Enrollment Penalty (2011 Revision)
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 ...

CMS Tip Sheet - Calculating the Late Enrollment Penalty (2009 Revision)
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 ...

What ever happened with the Late Enrollment Premium Penalty?
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 join ...

2013 Late-Enrollment Premium Penalties Will Increase Just Slightly
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 Medicar ...

2016 Medicare Part D Late-Enrollment Premium Penalties will increase by 3%
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-enrollm ...

CMS Press Release: NO MEDICARE PART D LATE ENROLLMENT PENALTY FOR LOW-INCOME ENROLLEES, CMS SAYS
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 ...

Your 2014 Late-Enrollment Premium Penalties Will Increase by 4%
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 mo ...

. Latest Items in Category


2017 Medicare Part D Late-Enrollment Premium Penalties will increase by 4.5%
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 ...

CMS Tip Sheet - Calculating the Late Enrollment Penalty (2016 Revision)
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 a ...

2016 Medicare Part D Late-Enrollment Premium Penalties will increase by 3%
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-enrollm ...

Your 2015 Late-Enrollment Premium Penalties Will Increase by 2%
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 pay in ...

CMS Tip Sheet - Calculating the Late Enrollment Penalty (2014 Revision)
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 ...

Your 2014 Late-Enrollment Premium Penalties Will Increase by 4%
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 mo ...

2013 Late-Enrollment Premium Penalties Will Increase Just Slightly
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 Medicar ...

CMS Tip Sheet - Calculating the Late Enrollment Penalty (2011 Revision)
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 ...

CMS Tip Sheet - Calculating the Late Enrollment Penalty (2009 Revision)
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 ...

What ever happened with the Late Enrollment Premium Penalty?
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 join ...


Back To News Home . Browse All (12) Items in Category




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Tips & Disclaimers
  • The Medicare Advantage and Medicare Part D prescription drug plan data on our site comes directly from Medicare and is subject to change.
  • Medicare has neither reviewed nor endorsed the information on our site.
  • We provide our Q1Medicare.com site for educational purposes and strive to present unbiased and accurate information. However, Q1Medicare is not intended as a substitute for your lawyer, doctor, healthcare provider, financial advisor, or pharmacist. For more information on your Medicare coverage, please be sure to seek legal, medical, pharmaceutical, or financial advice from a licensed professional or telephone Medicare at 1-800-633-4227.
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  • The benefit information provided is a brief summary, not a complete description of benefits. For more information contact the plan.
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  • When enrolling in a Medicare Advantage plan, you must continue to pay your Medicare Part B premium.
  • Medicare beneficiaries with higher incomes may be required to pay both a Medicare Part B and Medicare Part D Income Related Monthly Adjustment Amount (IRMAA). Read more on IRMAA.
  • Medicare Advantage plans that include prescription drug coverage (MAPDs) are considered Medicare Part D plans and members with higher incomes may be subject to the Medicare Part D Income Related Monthly Adjustment Amount (IRMAA), just as members in stand-alone Part D plans. In certain situations, you can appeal IRMAA.
  • You must be enrolled in both Medicare Part A and Part B to enroll in a Medicare Advantage plan. Members may enroll in a Medicare Advantage plan only during specific times of the year. Contact the Medicare plan for more information.
  • If you are enrolled in a Medicare plan with Part D prescription drug coverage, you may be eligible for financial Extra Help to assist with the payment of your prescription drug premiums and drug purchases. To see if you qualify for Extra Help, call: 1-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-486-2048, 24 hours a day/ 7 days a week or consult www.medicare.gov; the Social Security Office at 1-800-772-1213 between 7 a.m. and 7 p.m., Monday through Friday. TTY users should call, 1-800-325-0778; or your state Medicaid Office.
  • Medicare evaluates plans based on a 5-Star rating system. Star Ratings are calculated each year and may change from one year to the next.
  • A Medicare Advantage Private Fee-for-Service plan (PFFS) is not a Medicare supplement plan. Providers who do not contract with the plan are not required to see you except in an emergency.
  • Disclaimer for Institutional Special Needs Plan (SNP): This plan is available to anyone with Medicare who meets the Skilled Nursing Facility (SNF) level of care and resides in a nursing home.
  • Disclaimer for Dual Eligible (Medicare/Medicaid) Special Needs Plan (SNP): This plan is available to anyone who has both Medical Assistance from the State and Medicare. Premiums, co-pays, co-insurance, and deductibles may vary based on the level of Extra Help you receive. Please contact the plan for further details.
  • Disclaimer for Chronic Condition Special Needs Plan (SNP): This plan is available to anyone with Medicare who has been diagnosed with the plan specific Chronic Condition.
  • Medicare MSA Plans combine a high deductible Medicare Advantage Plan and a trust or custodial savings account (as defined and/or approved by the IRS). The plan deposits money from Medicare into the account. You can use this money to pay for your health care costs, but only Medicare-covered expenses count toward your deductible. The amount deposited is usually less than your deductible amount, so you generally have to pay out-of-pocket before your coverage begins.
  • Medicare MSA Plans do not cover prescription drugs. If you join a Medicare MSA Plan, you can also join any separate (stand-alone) Medicare Part D prescription drug plan
  • There are additional restrictions to join an MSA plan, and enrollment is generally for a full calendar year unless you meet certain exceptions. Those who disenroll during the calendar year will owe a portion of the account deposit back to the plan. Contact the plan provider for additional information.
  • Medicare beneficiaries may enroll through the CMS Medicare Online Enrollment Center located at www.medicare.gov.
  • Medicare beneficiaries can file a complaint with the Centers for Medicare & Medicaid Services by calling 1-800-MEDICARE 24 hours a day/7 days or using the medicare.gov site. Beneficiaries can appoint a representative by submitting CMS Form-1696.