Medigap refers to private policies that cover healthcare services not covered by Medicare Parts A or B.

• A. Medigap
• B. HMO
• C. CHIP
• D. PACE

Answer: (A)

Medigap is private supplemental coverage that fills the gaps left by Original Medicare. Medicare Parts A and B cover many services, but they come with out-of-pocket costs like deductibles and coinsurance. Medigap policies, sold by private insurers, help pay those extra costs, making overall out-of-pocket expenses more predictable. They are designed to work alongside Original Medicare; you’d typically still pay Part B premiums and any Medigap premium, but the Medigap plan reduces how much you pay at the point of service. Other options listed are different kinds of health plans: an HMO is a managed care plan with network rules, CHIP is coverage for uninsured children, and PACE provides all-inclusive care for eligible seniors, not supplemental coverage to Medicare A/B.