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).
This means that coverage for Medigap Plan A, for example, will be the same regardless of the insurance provider. Medigap Plans F, G, and N offer many of the same benefits, with a few differences. Plan F offers the most robust benefits of the three, including: Medicare Part A coinsurance and hospice care coinsurance.