This tool helps you calculate your Medicare Part D late enrollment penalty.
Medicare Part D Late Enrollment Penalty Calculator
How to Use the Calculator
To use the Medicare Part D Late Enrollment Penalty Calculator, enter the number of months you were without coverage and the national base beneficiary premium. Click “Calculate” to see the penalty amount.
How the Calculator Works
The calculator multiplies the number of months you were without coverage by 1% of the national base beneficiary premium. This gives an estimate of your monthly penalty amount.
Limitations
This calculator gives an estimate of the Medicare Part D late enrollment penalty based on the inputs provided. It may not reflect the exact penalty amount as other factors could affect the final calculation. Always consult official Medicare resources or your plan provider for the most accurate information.