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TeachMeFinance.com - explain Lifetime Reserve Days Lifetime Reserve Days The term 'Lifetime Reserve Days ' as it applies to the area of Medicare in the United States can be defined as ' In the Original Medicare Plan, 60 days that Medicare will pay for when you are in a hospital more than 90 days during a benefit period. These 60 reserve days can be used only once during your lifetime. For each lifetime reserve day, Medicare pays all covered costs except for a daily coinsurance ($438 in 2004)'. Previous 5 Terms: Life Life cycle Life extension life zone Life-Cycle Cost Next 5 Terms: Lifetime Reserve Days (Medicare) LIFR Lift Lift line Lifted Index 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.