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Money

Money Saving Tips For Seniors

Insurance

1. Use the same insurance company for your home and car. Most Insurance Companies give a big discount when you use the same company for insuring your home(s) and car(s).

 

2. Before scheduling your medical visit, be sure to check if your doctor is part of the “In-network” of your insurance company and if the procedure will be covered. Most of the time if you go to an “Out of Network” Provider, you end up paying a higher deductible and more out-of-pocket expense.

3. Medicare recipients can save money by getting a Medigap Policy. This is an insurance policy sold by private insurance companies to help pay for some medical services not covered by Medicare. To read more about Medigap Policies, click here .

Vacation and Travel

1. Always check the Internet for the lowest plane fares. Sometimes, the Senior Citizen discount that airlines offer may not be the best deal.

2. Some hotels offer Senior Citizen discounts. It would be best to call and check with the hotel if they offer this kind of discount before making your reservation. It will also be wise to check the Internet for any on-going promotions for comparison purposes.

3. Take advantage of Senior Citizen discounts for car rentals and public transportation.

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