A Medicare MSA (Medical Savings Account) plan combines a high-deductible Medicare Advantage plan with a medical savings account. Medicare deposits money into the MSA each year. You use the MSA funds to pay for health care. Once you meet the high deductible, the plan pays 100% of covered services.
Key Points
- Medicare MSA: high-deductible plan + medical savings account
- Medicare deposits money into the MSA each year
- Use MSA funds to pay for health care
- After meeting the deductible: plan pays 100% of covered services
- MSA funds roll over year to year