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TeachMeFinance.com - explain Creditable Coverage Creditable Coverage The term 'Creditable Coverage ' as it applies to the area of Medicare in the United States can be defined as ' Any previous health insurance coverage that can be used to shorten the pre-existing condition waiting period. (See Pre-existing Conditions.)'. Previous 5 Terms: Crazing CRBSC CRC creatic credal Next 5 Terms: creek creep cremnophobia crenitic crenulate 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.