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2013 Late-Enrollment Premium Penalties Will Increase Just Slightly
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Publish On 2012-08-12 , 1:44 PM
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 Medicare Part D beneficiaries who did not enroll in a Medicare Part D prescription drug plan when they were ...
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CMS Tip Sheet - Calculating the Late Enrollment Penalty (2011 Revision)
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Publish On 2012-08-07 , 5:35 PM
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 enrollment penalty if one of the following is true:
He or she didn’t join a Medicare drug p ...
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CMS Tip Sheet - Calculating the Late Enrollment Penalty (2009 Revision)
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Publish On 2010-09-13 , 5:08 PM
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 Insurance), and who go without creditable prescription drug coverage for 63 days or more, may have to ...
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What ever happened with the Late Enrollment Premium Penalty?
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Publish On 2007-11-13 , 10:34 AM
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 a Part D plan. Who decides whether I receive a late penalty? If I do have to pay a penal ...
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CMS Tip Sheet - Calculating the Late Enrollment Penalty (2006)
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Publish On 2007-11-13 , 8:56 AM
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 $27.93
The Part D base beneficiary premium for 2009 was $30.36
The Part D base beneficiary premiu ...
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CMS Press Release: NO MEDICARE PART D LATE ENROLLMENT PENALTY FOR LOW-INCOME ENROLLEES, CMS SAYS
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Publish On 2007-01-10 , 10:13 AM
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 Medicare beneficiaries who are eligible for the Medicare Part D low income subsidy (LIS).
The fol ...
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