“CMS defines MSA Plans as a combination of a high deductible Medicare Advantage Plan and a bank account. The plan deposits money from Medicare into the account. You can use the money in this account to pay for your health care costs, but only Medicare-covered expenses count toward your deductible. The amount deposited is usually less than your deductible amount so you generally will have to pay out-of-pocket before your coverage begins.” – www.medicare.gov

“… is a type of Medicare Advantage plan that provides cash to be used to offset a portion of the plan’s high deductible. The cash can only be used for Medicare-covered services.”