What document do beneficiaries receive annually to notify them of changes in their Medicare plans?

Beneficiaries receive the Annual Notice of Change (ANOC) each year, which informs them about any changes that may occur in their Medicare plans. This document is important because it outlines modifications in coverage, costs, and any other adjustments that could affect how beneficiaries use their Medicare services in the coming year. Understanding the content of the ANOC allows beneficiaries to make informed choices about their healthcare options, ensuring that they are aware of what to expect and can take necessary actions during the enrollment period if needed.

The ANOC serves as an essential communication tool from Medicare Advantage and Part D prescription drug plans to their enrollees, reinforcing transparency in the benefits and costs associated with their plans. This annual notification helps beneficiaries stay updated and better manage their healthcare needs effectively.