AAM Phase 1 Practice Exam 2026 – Your All-in-One Guide to Exam Success!

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CHIP stands for?

A federal-state program for uninsured children and pregnant women whose income is too high for Medicaid but can't afford private insurance.

CHIP is a joint federal-state program created to provide health coverage for uninsured children and pregnant women who fall between Medicaid and private insurance in terms of eligibility and affordability. It helps families with incomes too high for Medicaid but who can’t afford private plans access essential care for kids—doctor visits, hospital services, vaccines, and preventive care. States administer CHIP within federal guidelines, with funding shared between the federal government and the state; eligibility rules and covered services can vary by state, but the overarching goal is to reduce the number of uninsured children by widening affordable coverage options. This program is not a private health savings account, not a hospital reporting requirement, and not a privacy-related act, each of which addresses different aspects of healthcare or data privacy.

A private health savings account program.

A requirement for hospital reporting.

An act of privacy in health data.

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