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TeachMeFinance.com - explain Waiting Period Waiting Period The term 'Waiting Period ' as it applies to the area of Medicare in the United States can be defined as ' The time between when you sign up with a Medigap insurance company or Medicare health plan and when the coverage starts'. Previous 5 Terms: W WAA WACOG Wafer Waiting Period Next 5 Terms: Wake Walker cell Walk-in refrigeration units walking dragline Wall Cloud 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.