Here is a medical editorial which makes the same point and cites the relevant research. Routine annual check ups are probably a waste of resources in most cases.
For there to be benefit to an annual checkup, it would need to fall in the window wherein symptoms have not yet occurred, but the disease is already measurable, and also one that is searched for in those checkups.
I haven't visited a general practitioner in a decade, and when I last went it was indeed because of I noticed the symptoms of of an ear-infection that I indeed suffered.
https://www.nejm.org/doi/full/10.1056/NEJMp1507485