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.