Question

Mr. Chen has heard about a Medical Savings Account (MSA) but wants to know if it is just about saving money, or if he will get insurance coverage for his health care expenditures as well. What should you tell him?

Answer 1

Under the Medicare advantage program a MSA plan involves The combination of a high deductible Health plan and a savings account for Health expenses just what the other person said

Answer 2

Answer: Under the Medicare Advantage program, a MSA plan involves the combination of a high deductible health plan and a savings account for health expenses. Medicare will make contributions to this savings account to help him pay his health care expenses while in the deductible.