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TeachMeFinance.com - explain Covered Benefit Covered Benefit The term 'Covered Benefit ' as it applies to the area of Medicare in the United States can be defined as ' A health service or item that is included in your health plan, and that is paid for either partially or fully'. Previous 5 Terms: Cover crop Cover crop Coverage Analysis For Laboratories (Cals) Coverage Basis Coverage Issues Manual (Cim) Next 5 Terms: Covered Charges Covered Earnings Covered Entity Covered Function Covered Services About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.