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.
Examples of entitlement programs at the federal level in the United States include Social Security, Medicare and Medicaid, most Veterans' Administration programs, federal employee and military retirement plans, unemployment compensation, food stamps, and agricultural price support programs. right is itself an entitlement associated with a moral or social principle, such that an entitlement is a provision made in accordance with a legal framework of a society.