Ace the Illinois Health Insurance Exam 2025 – Insure Your Success Today!

The correct answer is Medigap Policies, which are specifically designed to provide additional coverage to Medicare beneficiaries. These policies help pay for certain healthcare costs that Medicare does not cover, such as copayments, deductibles, and healthcare services beyond the limitations of standard Medicare coverage. Medigap policies are private insurance plans that must follow federal and state guidelines, and they are meant to fill the gaps in Original Medicare.

Other options do not serve this specific purpose. Medicare Advantage Plans are another form of Medicare coverage; they combine the benefits of Medicare Part A and Part B, often including extra benefits but do not supplement the gaps of Original Medicare in the same way. Supplemental Security Income (SSI) is a governmental assistance program to support individuals with limited income and resources, and it is not an insurance policy. Long-Term Care (LTC) Insurance provides coverage for assistance in activities of daily living and is not intended to supplement Medicare specifically. Thus, Medigap Policies are the correct choice for providing the additional coverage Medicare beneficiaries may need.