Beware: 2025 Medicare Part D Changes Can Cost You! | ANOC

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The Medicare annual enrollment period (AEP), which happens every year (Oct 15 - Dec 7), provides beneficiaries a crucial opportunity to optimize their health coverage, especially for Part D prescription drug plans. Ignoring or overlooking this period can result in higher costs, discontinued plans, and unexpected changes in your drug coverage. This video explains why AEP and the Annual Notice of Change (ANOC) are important -- and the critical steps you should take to ensure you’re well-prepared.

00:00 - Introduction
00:45 - Importance of Reviewing Annual Notice of Change
01:30 - When to Expect the Notice
02:00 - Changes to Plan Benefits and Costs
03:17 - Risks of Ignoring the Notice
04:29 - How to Review and Update Your Plan
05:44 - Medigap Plan Information
06:43 - Key Actions to Take
07:28 - Conclusion & Free Medicare E-Course

#Medicare #MedicarePartD #AnnualEnrollmentPeriod #MedicareChanges2025 #InflationReductionAct #MedicareOpenEnrollment
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Thank you Joann for the video. Your videos make it easier to navigate through the process during this time of year. And thank you so much for helping cut my premiums in half when signing up my wife for Medicare recently. So very grateful.

trapkat
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Greetings from Oregon! As always your information is easy to follow and to the point. Once again I will wade thru yearly information and make an informed decision with your help. That’s why I picked you as my agent. Thanks

JanekNowak-mo
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Yes. I take no prescription drugs and I’ve been paying $4.00 per month for Part D this year. My Notice said it’s going to $20.00 per month next year so I’ll be looking for another Part D plan

amarmot
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Thank You so much Joann.... Good reminders even for us old hands who study this stuff like crazy!! Thanks for your help to me and family member! Steve

judgesteve
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Thank you, Joann. Very helpful, as always. Now, what happened to that ANOC letter that I received a few days ago …?

WaysToFreedom
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What good is the ANOC if the plan can change my drug tier but don't tell me if they did?

lyndayoung
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Can you change Part D plans during open enrollment without the need to underwriting approval? Thanks

jans
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Thanks for all of your help and updates thru ought the years.

cubfanjohnnie
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This cost containment plan was not well thought out at all. How could they not anticipate that 93% on low cost meds will now pay for the 7% on high cost meds one way or another.

UncleDavesKitchen
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we have been paying $ 12.50 per month just got notice it is going to $ 47.50

MrJr
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And if you get Part D it’s going to cost you. So either way you’re screwed.

Imsaved
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Thank Biden for changes that increased costs for insurers to provide Part D. Of course it is passed along to customers.

Republicanmouse