DEFINITION of 'Nonrenewable Resource'. A resource of economic value that cannot be readily replaced by natural means on a level equal to its consumption. Most fossil fuels, such as oil, natural gas and coal are considered nonrenewable resources in that their use is not sustainable because their formation takes billions of years.
Election-Enrollment in, or voluntary disenrollment from, an MMP, an MA plan or the traditional Medicare fee-for-service program (âOriginal Medicareâ) constitutes an election (disenrollment from Original Medicare would occur only when an individual enrolls in an MMP or MA plan).
Medicaid has different levels of benefits: 1  Full coverage - Provides the full range of benefits including doctor, hospital, and pharmacy services. 2  Limited coverage - Men and women who have income 200% of the Federal Poverty Level (FPL) may be eligible for limited benefits (family planning services) through Plan First.