DEFINITION of 'Patent'. A government license that gives the holder exclusive rights to a process, design or new invention for a designated period of time. Applications for patents are usually handled by a government agency.In the U.S. the United States Patent and Trademark Office handles application and documentation.Next Up. government license that gives the holder exclusive rights to a process, design or new invention for a designated period of time. Applications for patents are usually handled by a government agency. In the U.S. the United States Patent and Trademark Office handles application and documentation. Next Up.
Below are more specifics on how the rule works: 1  The time frame to exercise the Birthday Rule is 30 days following your birthday. 2  You can change to another plan, as long as it is of equal of lesser coverage level.  In order to take advantage of this rule, you must already have a Medicare Supplement plan.
1-800-810-1437 TTY 711. Medicare costs change each year, whether you have original Medicare or a Medicare Advantage plan. For most seniors, Medicare costs are relatively low, much lower than you might pay for an individual health plan on the private marketplace. Thatâs the point of Medicare, to help seniors afford medical care, hospital coverage and prescription drugs as they age.