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.
In this example, letâs say the Medicaid Health Planreimbursement rate for the service is $70.00. In that case, the Medicaid HealthPlan would pay $6.00 toward the bill (The difference between the $70.00 MedicaidHealth Plan rate and the amount Medicare paid $64.00 = $6.00). Youarenotresponsibleforanyadditionalpayment.
For example, Medicare Supplement Plan F, the most comprehensive standardized Medigap plan, carries the following additional benefits: 1  Medicare Part A deductible. 2  Medicare Part B deductible. 3  Part B excess charges. 4  Part B preventive care coinsurance. 5  Skilled Nursing Facility (SNF) care coinsurance.