“MSA” stands for Medical Savings Account
An MSA, or Medical Savings Account, is one type of Medicare Advantage plan.
MSA
PPO
PFFS
HMO POS
HMO
SNP
A Combo Plan
MSAs cover Medicare Parts A and B expenses via
a $0 premium high-deductible health plan
plus a special, IRS-approved savings bank account.
MSAs Are Similar to HSAs
Many people know about HSAs, or Health Savings Accounts.
MSAs are generally similar to HSAs. The biggest difference? Only the health plan can contribute funds in an MSA; members and/or their group cannot make contributions like in an HSA.
