Crucial Medicare Changes: Don’t Ignore Your Annual Notice of Change

Medicare Annual Notices of Change (ANOCs) arrive by Sept. 30, detailing 2026 plan updates including higher out-of-pocket costs, revised drug formularies, reduced supplemental benefits, and possible network changes. Part D premiums and deductibles are expected to rise, and new federal rules limit certain supplemental benefits. Beneficiaries should review their ANOCs carefully, compare plans during open enrollment (Oct. 15–Dec. 7), and consider switching if needed to ensure adequate coverage.