Medicare Medical Savings Account Plan

Acronym: MSA

An MSA is a plan that combines a high-deductible health plan with a bank account. Medicare deposits money into the account (usually less than the deductible). You can use the money to pay for your health care services during the year. MSA plans don’t offer Medicare drug coverage. If you want drug coverage, you must join a Medicare Prescription Drug Plan. For more information about MSAs, visit Medicare.gov/publications to view the booklet “Your Guide to Medicare Medical Savings Account Plans.” You can also call 1800MEDICARE (18006334227) to find out if a copy can be mailed to you. TTY users should call 18774862048