Medicare Part B Late Enrollment Penalty Calculator

Medicare Part B Late Enrollment Penalty Calculator

Calculate your potential monthly penalty for enrolling in Medicare Part B after your Initial Enrollment Period

Used to determine your Initial Enrollment Period
Usually the first day of the month you turned 65
The effective date of your Part B coverage
Creditable coverage may exempt you from penalties

Your Medicare Part B Late Enrollment Penalty

$0.00

Important Information:

The Medicare Part B late enrollment penalty is 10% of the standard Part B premium for each 12-month period you were eligible but didn't sign up. This penalty is added to your monthly premium for as long as you have Part B coverage.

Disclaimer:

This calculator provides estimates based on general Medicare rules. Individual circumstances may vary, and you should consult with Medicare or a qualified insurance professional for official penalty determinations. Certain life events and types of coverage may affect penalty calculations.