A "Public Option" refers to a government-run health insurance plan that competes with private insurance companies. It aims to provide affordable healthcare coverage to individuals who may not have access to quality insurance. By offering a public alternative, the government seeks to increase competition in the healthcare market, potentially lowering costs and improving services. The concept of a public option is often discussed in the context of healthcare reform in the United States, particularly in relation to the Affordable Care Act. Advocates argue that it can help reduce the number of uninsured individuals and provide a safety net for those who struggle to afford private insurance.