Answers for Seniors About Medical Savings Accounts

Brief Analyses | Health

No. 181
Friday, October 06, 1995
by Merrill Matthews, Jr.

The U.S. Congress is on the verge of enacting the most sweeping reform legislation in the 30-year history of Medicare. Under the legislation, Medicare recipients would have new options, including the choice to remain in the traditional Medicare program, enroll in a health maintenance organization (HMO) or select a high-deductible health insurance plan with a Medical Savings Account (MSA). This Brief Analysis explains how MSAs work.

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