Medicare Medical Savings Account MSA Plans
Medicare works with private insurance companies to offer you ways to get your health care coverage. These companies can choose to offer a consumer-directed Medicare Advantage Plan, called a Medicare Medical Savings Account MSA Plan. These plans are similar to Health Savings Account Plans available outside of Medicare. You can choose your health care services and providers.
Medicare MSA Plans combine a high-deductible insurance plan with a medical savings account that you can use to pay for your health care costs.
Medicare MSA plans cover the Medicare services that all Medicare Advantage Plans must cover. In addition, some Medicare MSA plans may cover extra benefits for an extra cost, like:
Contact plans in your area for more information on what extra benefits they cover, if any.
If you join a Medicare MSA Plan and need drug coverage, you’ll have to join a Medicare Prescription Drug Plan.