Final answer:
Medicare Supplement Insurance Policies (Medigap Coverage) plans are provided by private insurance companies.
Step-by-step explanation:
Medicare Supplement Insurance Policies (Medigap Coverage) plans are provided by private insurance companies.
Medicare is a federal health insurance plan that provides benefits for individuals who are eligible for Social Security. However, Medicare does not cover all medical costs. That's where Medicare Supplement Insurance Policies, also known as Medigap Coverage, come in. These policies are sold by private insurance companies and can help cover the costs that Medicare doesn't pay for, such as deductibles, copayments, and coinsurance.