What is Medigap?

Medigap refers to private health insurance policies that are specifically designed to complement Medicare's coverage by addressing the out-of-pocket costs that Parts A and B do not fully cover. This includes expenses such as copayments, coinsurance, and deductibles. Medigap policies are available for individuals who are enrolled in Original Medicare, and they help fill in the gaps in coverage, thus providing a more comprehensive health insurance solution for beneficiaries.

The other options pertain to different types of programs or insurance structures. A subsidy program for low-income patients is not associated with Medigap, but rather with programs like Medicaid. A type of Medicare Advantage plan refers to a different structure of Medicare coverage that is not the same as Medigap, since Medicare Advantage provides a bundled alternative that includes both Medicare Parts A and B, often with added services. Lastly, a public health program for children would relate to programs like CHIP (Children's Health Insurance Program), which targets a different demographic and does not serve the same purpose as Medigap.