You have an Initial Enrollment Period (IEP) of 7 months surrounding your 65th birthday in which you may enroll in Medicare Part D (prescription drug coverage). You may delay enrolling in Medicare Part D without penalty if you qualify for Medicaid, Extra Help, or have creditable drug coverage. If it’s been more than 63 days since you’ve had creditable coverage after your IEP, then the penalty may apply.
How Much is the Medicare Part A Penalty?
You have an Initial Enrollment Period (IEP) of 7 months surrounding your 65th birthday in which you may enroll in Medicare Part D (prescription drug coverage). You may delay enrolling in Medicare Part D without penalty if you qualify for Medicaid, Extra Help, or have creditable drug coverage. If it’s been more than 63 days since you’ve had creditable coverage after your IEP, then the penalty may apply.
How Much is the Medicare Part B Penalty?
You have an Initial Enrollment Period (IEP) of 7 months surrounding your 65th birthday in which you may enroll in Medicare Part D (prescription drug coverage). You may delay enrolling in Medicare Part D without penalty if you qualify for Medicaid, Extra Help, or have creditable drug coverage. If it’s been more than 63 days since you’ve had creditable coverage after your IEP, then the penalty may apply.
How much is the LEP for Part D?
You have an Initial Enrollment Period (IEP) of 7 months surrounding your 65th birthday in which you may enroll in Medicare Part D (prescription drug coverage). You may delay enrolling in Medicare Part D without penalty if you qualify for Medicaid, Extra Help, or have creditable drug coverage. If it’s been more than 63 days since you’ve had creditable coverage after your IEP, then the penalty may apply.
How to Appeal the Medicare Part D Late Enrollment Penalty
You have an Initial Enrollment Period (IEP) of 7 months surrounding your 65th birthday in which you may enroll in Medicare Part D (prescription drug coverage). You may delay enrolling in Medicare Part D without penalty if you qualify for Medicaid, Extra Help, or have creditable drug coverage. If it’s been more than 63 days since you’ve had creditable coverage after your IEP, then the penalty may apply.
The Part B penalty is calculated by taking 10% of the monthly Part B premium and multiplying it by the number of 12 months periods someone has gone without creditable health insurance coverage.
How many months after your 65th birthday did you (or will you) spend without creditable coverage?
Estimated Monthly Part B Penalty*
$
*This tool is an estimate only and may not be exact
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