How Do I Know What My Part D Plan Will Cost Next Year?
Use the free tool — Medicare Decoder
Why Your Part D Costs Can Change Every Year
Medicare Part D plans can change their premiums, deductibles, copays, and drug coverage every year. The insurance company is required to send you an Annual Notice of Change (ANOC) that lists what is different for the coming year compared to this year.
What the ANOC Actually Tells You
The ANOC is the official document from your own plan. It should show changes to your monthly premium, your deductible, your copays or coinsurance for different drug tiers, and whether your specific drugs are still covered the same way. This guide does not know your numbers. Only your own ANOC has them.
Three Questions to Settle Before December 7
- Is my premium going up, down, or staying the same next year?
- Are my specific drugs still covered, and at what cost?
- Did my plan's network of pharmacies or the plan itself change in a way that affects me?
December 7 is the date mentioned for settling these questions. Confirm this deadline and how it applies to you with Medicare or a licensed agent, since this guide cannot verify dates for your individual situation.
What This Guide Cannot Tell You
This tool is not affiliated with Medicare and is not insurance advice. It cannot tell you which plan is "best," predict your medical costs, or replace your own ANOC letter. Every number that matters — your premium, your deductible, your drug costs — comes from your own document, not from this page.
What to Do Next
Find your ANOC letter for your Medicare Advantage or Part D plan. The free Medicare Decoder tool for Florida can read your own ANOC and pull out what changed, what it may cost you next year, and the three questions above using your actual numbers. Always confirm final details with your plan or a licensed Medicare professional before December 7.