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.
Joining a health or drug plan. When you decide how to get your Medicare coverage, you might choose a Medicare Advantage Plan (Part C) and/or Medicare prescription drug coverage (Part D). There are specific times when you can sign up for these plans, or make changes to coverage you already have. You donât need to sign up for Medicare each year. However, each year youâll have a chance to review your coverage and change plans. Watch a brief video about when you can sign up for Part C and Part D. Find and compare plans in ...