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Medicare's Biggest Little Secret

The Untold Story of Medicare MSAs

Written By: Greg Scandlen
Published In: CHCC Report > CHCC Reports
Publication date: 11/16/2007
Publisher: Consumers for Health Care Choice

For the first time ever Medicare is making Medical Savings Accounts available to virtually all beneficiaries during the current open enrollment season. The program could be a huge boon for beneficiaries because it eliminates the need for MediGap coverage, provides a way of paying for non-Medicare covered services, limits out-of-pocket exposure, and offers the opportunity to save-up for future expenses. Beneficiaries should be sure to check it out.