The 2022 Medicare Annual Election Period

Key Takeaways

• Review your Annual Notice of Change (ANOC) letter received from your current Part D or Medicare Advantage plan, but don't assume staying with your current plan is the best choice
• Use Medicare.gov's Plan Finder as a starting point, but understand it requires knowledge of what to look for—consider working with an unbiased benefits counselor to navigate the nuances
• Check your plan options every single year during the October 15–December 7 election period, as benefits change annually due to competitive marketplace shifts and regulatory changes like the Inflation Reduction Act
• Seek objective guidance from an unbiased source (such as a certified counselor or benefits advisor) rather than relying solely on online tools to identify which plan truly fits your individual healthcare needs