These insurance policies could save seniors money and offer them peace of mind, too.
With inflation still stubborn and higher interest rates making borrowing substantially more expensive, many Americans find themselves taking a more cautious approach to their finances. This approach can be essential for seniors and older adults, many of whom may rely on a tight budget made up of Social Security and retirement savings.
Medicare supplemental insuranceMedicare supplemental insurance does exactly what its name implies — it supplements the Medicare policy you may already have. For many, the Original Medicare policy may be enough. But, for others, particularly those who consistently find themselves saddled with leftover bills for deductibles, co-pays and more, an additional insurance plan may be needed. Medicare supplemental insurance, also known as Medigap, can easily fill that gap.
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