Double-Digit Medigap Premium Hikes Squeeze Millions On Traditional Medicare
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Millions of older Americans are facing double-digit Medigap premium increases this year, squeezing those who rely on traditional Medicare. CBS Health noted that premiums for private Medigap policies have jumped steeply, leaving many beneficiaries with higher monthly costs for the supplemental coverage that fills Medicare gaps. The reporting emphasized that consumers have few alternatives to Medigap when they want broad outpatient and hospital cost protection alongside original Medicare. That combination of sharply higher premiums and limited options is hitting people on fixed incomes particularly hard.