Interactive Glossary - Section V-W
A-C D-F G-I J-L M-O P-R S-U V-W X-Z
V
Veterans Administration (VA) Benefits: Benefits given by the federal government to people who have been in “active” service in the military, naval, or air service (veterans, not career officials) and, under certain conditions, to their family members. These benefits include pensions, educational stipends and health care, among others. Veterans can receive VA health care services only at VA facilities. See also, Department of Veteran's Affairs.
W
Waiting Period: The time between when you sign up for a Medigap or Medicare private health plan (Part C) and when the coverage begins. Waiting periods for Medicare-related benefits are most often imposed if you have a pre-existing condition and have not hadcreditable coverage for a certain amount of time.
Waiver of Liability: See Advance Beneficiary Notice (ABN).
Work Credits: The unit of measurement that determines when you are eligible to receive Social Security benefits, including Social Security Disability Insurance (SSDI). How many work credits you earn during a year (up to a maximum of four) depends on how much money you make during that year. The Social Security Administration (SSA) determines the amount that you must earn to receive one work credit.
Veterans Administration (VA) Benefits: Benefits given by the federal government to people who have been in “active” service in the military, naval, or air service (veterans, not career officials) and, under certain conditions, to their family members. These benefits include pensions, educational stipends and health care, among others. Veterans can receive VA health care services only at VA facilities. See also, Department of Veteran's Affairs.
W
Waiting Period: The time between when you sign up for a Medigap or Medicare private health plan (Part C) and when the coverage begins. Waiting periods for Medicare-related benefits are most often imposed if you have a pre-existing condition and have not hadcreditable coverage for a certain amount of time.
Waiver of Liability: See Advance Beneficiary Notice (ABN).
Work Credits: The unit of measurement that determines when you are eligible to receive Social Security benefits, including Social Security Disability Insurance (SSDI). How many work credits you earn during a year (up to a maximum of four) depends on how much money you make during that year. The Social Security Administration (SSA) determines the amount that you must earn to receive one work credit.
