I was subbed for over a year, stopped few months back, so past. So what, I have to pay for content even though I have already bought all of the expansion packs???
You won't lose access to any of the expansion content if you bought those before.
But you will access to some of the later quest in SoA after you finish Ered Luin, Shire, or Bree Land if you don't buy them or resub. But most of the later SoA quest was patched in so you're not losing too much of what you paid for.
You have to have a current sub, game card, or one of those 30 time cards in a retail box to be VIP.