Medicare MSA plans are consumer directed plans that operate similar to HSA's (health savings accounts).
Medicare MSA plans require a special Medicare Advantage plan combined with a medical savings account. The Advantage plan is a high deductible plan that will pay for covered expenses only after you have satisfied the annual deductible.
Medicare Advantage MSA is a rare duck. Essentially a high deductible Medicare plan coupled with a savings account . . . much like the HDHP + HSA for the under age 65 crowd.
With the Medicare MSA you enroll in a high deductible Part C plan that does not pay until you have satisfied your deductible. You have the option of funding a tax favored savings account to cover some of your out of pocket expense.
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Medicare MSA plans require a special Medicare Advantage plan combined with a medical savings account. The Advantage plan is a high deductible plan that will pay for covered expenses only after you have satisfied the annual deductible.
With the Medicare MSA you enroll in a high deductible Part C plan that does not pay until you have satisfied your deductible. You have the option of funding a tax favored savings account to cover some of your out of pocket expense.