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Medicare Part D Glossary




Letter R
Jump to:
: : reinstatement : : RX
: : risk


reinstatement
Resumption of coverage under a policy that has lapsed because of nonpayment of the premium after the grace period has ended.

risk
The chance of loss, the degree of probability of loss or the amount of possible loss to the insuring company. For an individual, risk represents such probabilities as the likelihood of surgical complications, medications' side effects, exposure to infection, or the chance of suffering a medical problem because of a lifestyle or other choice.

RX
A symbol for "prescription drugs".


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Last updated on: 07/18/2008

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