What Is the Medicare Part D Late Enrollment Penalty?
The Medicare Part D late enrollment penalty is an extra amount added to your monthly Part D premium if you go without: for 63 consecutive days or more after your Initial Enrollment Period ends. According to the official <a href=”https://www.medicare.gov/drug-coverage-part-d/costs-for-medicare-drug-coverage/part-d-late-enrollment-penalty” target=”_blank”>Medicare.gov guidelines</a>, the penalty is calculated based on how long you went without creditable drug […]
