May Medicare Must-Knows

As your local advisor in Medicare, RetireMEDiQ wants you to be in the know about the latest Medicare news. We post updates every month about recent developments in the Medicare industry and how your health care may be affected.

If you plan to enroll or are enrolled in a Medicare plan in Ohio, Kentucky, or Indiana, here’s what you need to know for May!

COVID-19 Vaccine: U.S. Passes 200 Million Dose Mark

As of May 1, over 200 million doses of the COVID-19 vaccine have been given across the country. According to the University of Minnesota’s Center for Infectious Disease Research and Policy, “More than 50 percent of Americans have had at least one dose of vaccine, and more than 80 percent of Americans age 65 or older have had at least one shot.” Continue scrolling to read more detail on your state’s vaccination progress.

Ohio

As of May 1, more than 3.7 million Ohioans are fully vaccinated against COVID-19—over 31 percent of the state’s population. Additionally, more than 4.6 million individuals in Ohio have received at least one dose of a vaccine.

Kentucky

Kentucky has fully vaccinated more than 1.7 million individuals as of May 1. More than 2.3 million Kentuckians have had at least one dose of a two-dose series.

Indiana

In Indiana, over 1.8 million Hoosiers are fully vaccinated as of May 1. Around 2.3 million individuals have received the first in a two-dose vaccine, and more than 144,000 have received a single-dose vaccine.

RetireMEDiQ can help you secure a Medicare plan in Ohio, Kentucky, or Indiana. Read more from our advisors about COVID-19 coverage and Medicare.

Medicare Cuts Delayed Through End of 2021

In mid-April, the federal government passed a bill to delay funding cuts to Medicare. Now, any potential funding changes to Medicare and Medicaid are on hold through the end of 2021. This gives Congress more time to come up with a plan for financing and maintaining these programs.

Originally, a two percent funding cut was set to happen this year due to a law passed in 2011. This law required widespread budget cuts to limit federal spending. In response to the COVID-19 pandemic and its impact on Medicare, these cuts are being given more planning time.

RetireMEDiQ will continue to update you on any changes to Medicare funding and the potential impact on your health care.

Attend a Medicare Webinar in May

Every month, our advisors host educational webinars where you can learn the basics of Medicare. Interactive and free to attend, our webinars cover a variety of topics. Subjects for May include:

  • Masterclass Part 1: Mistakes to Avoid When Enrolling in Medicare
  • Masterclass Part 2: Medicare Mistakes to Avoid if Working Past Age 65
  • Medicare 101: Understanding Medicare
  • Retiring Before Age 65? Your Health Coverage Options

You can read more detail and register for a session. We look forward to seeing you!

Find a Medicare Plan in Ohio, Kentucky, or Indiana

Our local experts will customize your health plan options and help you enroll when the time is right. For no-cost guidance on your coverage, you can call our team at 1-866-407-5180 or schedule a call with us.

Already a RetireMEDiQ client? Your client advisor team is here for you year-round. Call 1-877-222-1942 or email client@retiremediq.com for assistance.

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