Part D Late Enrollment Penalty
Shortcut Navigation:
Change Text Size: A A A

Part D Late Enrollment Penalty

SHARE: 
Print
May 7, 2014

The Centers for Medicare & Medicaid Services (CMS) determines when and how much of any late-enrollment penalty will be imposed on Part D plan members. CMS requires Part D plans to obtain information about any lapses of credible drug coverage that lasted more than 63 days after the end of the member's Initial Enrollment Period (IEP). The late-enrollment penalty is then calculated from here.

Learn more on how the late-enrollment penalty is calculated in this publication.

Download

Sign Up

We'll send you our Benefits Alert enews twice a month.

   Please leave this field empty

Need Help?

 

 

Make the most of your money!

Get a free EconomicCheckUp® and discover how to cut spending, reduce debt, find work, and use home equity.

Data Map
Get statistics on participation and enrollment in benefits.