ANOC Letters Are Here: 600,000 Plans Cancelled (What You Must Do)

🔗 Get The Senior Money Guide: https://richardretires.shop/ September is packed with changes that quietly cost people real money if they miss them. This video walks through the actual COLA calculation timeline, the hold harmless provision that protects your check from shrinking when Medicare premiums rise faster than your raise, and the October payment-date scam that floods social media every single year. We also break down the Annual Notice of Change (ANOC) — what it actually is, why doing nothing means your insurance company decides your coverage for next year, and why it matters even more this year with a major insurer cancelling Medicare Advantage plans for a reported 600,000 people nationwide. You'll get the seven things to check before switching plans, plus your guaranteed issue rights to a Medicare Supplement if your plan is one of the ones being cancelled. Then we cover a mistake that costs people months of Social Security benefits without them realizing it — the real difference between the annual earnings test and the monthly earnings test — and the honest, current math on Social Security's trust fund timeline. ⏱️ Timestamps below | 📌 Educational only — not financial, legal, or insurance advice. Confirm your own plan and benefit details directly with Medicare, Social Security, or a licensed counselor. #SocialSecurity #Medicare #ANOC #MedicareAdvantage #seniorfinances Chapters 00:00 – What's Changing This September 01:00 – Richard's Intro 01:30 – When COLA Actually Gets Calculated vs. Announced 03:00 – The Hold Harmless Provision Explained 04:30 – September Check Dates & the October "Extra Check" Scam 06:30 – What Is the ANOC (Annual Notice of Change) 08:00 – 600,000 Plans Being Cancelled — What That Means for You 10:30 – Guaranteed Issue Rights to a Medicare Supplement 11:30 – The 7 Things to Check Before You Decide 14:00 – Annual Earnings Test vs. Monthly Earnings Test 17:00 – The Honest Math on Social Security's Trust Fund 19:30 – Fast Answers: Switching Plans, SSDI Under 65, Part B Penalty 22:00 – Your September Checklist & Closing