Facebook Twitter YouTube Google+
Facebook Twitter YouTube Google+
You can avoid a late enrollment penalty by planning ahead.]
Medicare Coverage & Costs | Wed, Dec 14, 2011 @ 09:00 AM

What is the Medicare Part D Late Enrollment Penalty?

Posted by Medicare Made Clear

Medicare maintains enrollment schedules throughout the year. Medicare Part D prescription drug coverage is optional—you are not automatically enrolled and you are not required to have it. But if you want and need Medicare Part D prescription drug coverage, you need to enroll during a formal enrollment period to avoid paying a Late Enrollment Penalty, or LEP. The LEP is a dollar amount added to your Part D premium.

Get answers.
Medicare made clear.

Privacy Policy | Terms of Use

©2014 United HealthCare Services, Inc. All rights reserved. No portion of this work may be reproduced or used without express written permission of United HealthCare Services, Inc., regardless of commercial or non-commercial nature of the use.

Plans are insured through UnitedHealthcare Insurance Company or one of its affiliated companies, a Medicare Advantage organization with a Medicare contract and a Medicare-approved Part D sponsor. Enrollment in the plan depends on the plan's contract renewal with Medicare.

United Healthcare

Last updated: 6/23/15 at 11:15 CT
Y0066_150527_123928 Pending