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Kiplinger
Kiplinger
Business
Donna LeValley

Don't Toss It! Why Your Medicare Annual Notice of Change Matters

Blue Envelope With Notification Red Dot on Beige Paper Background Front View.

Medicare open enrollment is almost here, and your Annual Notice of Change (ANOC) letter should be arriving soon. If you have a Medicare Part D or Medicare Advantage Plan, this document is crucial. The information inside will help you decide whether to keep your current coverage or find a new plan for the coming year. Don't keep your plan on autopilot without reviewing it first.

Every fall, Medicare Advantage (MA) and Medicare Part D prescription drug plans must send an ANOC to their members. The notice provides a detailed summary of all the changes to the plan's benefits, costs, and coverage for the upcoming calendar year.

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