Medicare Annual Notice of Change

The Annual Notice of Change (ANOC) is a notice people receive from their Medicare Advantage or Part D Plan in late September with the summary of any changes in the plan’s costs and coverage effective Jan. 1, 2023. Each insurance company will list the changes being made to your current Medicare Advantage or Part D Plan, which gives people the opportunity to make changes in the fall, on Oct. 15 through Dec. 7. This period of time is called the Annual Enrollment Period. If no changes are made during that time, your current Medicare coverage will automatically renew for the following year to ensure the continuing coverage.

Here are some things to look for in the Annual Notice of Change.

• Are you getting more or less benefits?

• Are there any changes to your monthly premium?

• Are there any changes to your maximum out-of-pocket costs?

• Did the co-pay amount to see your primary doctor or specialists change?

• Did the cost of your prescriptions change?

• Are there any changes in additional benefits such as dental, hearing, vision or over the counter credits? For more information or questions, contact the Medicare Insurance Broker Sandra Teel at (657) 204-4224.

—Sandra Teel