Reviewed by Russell Noga, Licensed Medicare Insurance Broker (all 50 states) — Last updated October 8, 2026
The Part D late enrollment penalty adds 1% of the national base beneficiary premium for every full month you went without creditable drug coverage after becoming eligible, once a gap reaches 63 days in a row. For 2027 the base premium is $41.33, so each missed month adds about $0.41 a month.
The penalty is added to your monthly Part D premium for as long as you have Part D coverage, which for most people means the rest of their life. Extra Help enrollees do not pay it.
Compare drug plans with the Part D plan finder 2027.
✔ Based on CMS 2027 data
✔ Free plan comparison



