Medicare Medical Savings Account (MSA) Plan
Medicare Glossary
A Medicare plan that combines high deductible Medicare Advantage Plans and a designated bank account. The plan allows you to deposit money from Medicare into the account, and use the funds to pay for Medicare-covered expenses towards your deductible. The deposited amount is typically less than your deductible amount, so there is a chance you will have to pay out-of-pocket before your coverage kicks in.
This content is for educational purposes only and does not constitute a recommendation of any specific Medicare plan. Benefits, costs, and availability vary by plan and location. For complete information about your Medicare options, visit Medicare.gov or call 1-800-MEDICARE (1-800-633-4227), TTY: 1-877-486-2048, available 24 hours a day, 7 days a week.
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