Medical Savings Accounts

Abstract: 6 pages in length. So what exactly are Medical Savings Accounts? They are personal savings accounts that are required to be combined with high-deductible health insurance. The account holders typically use their MSA funds to pay small and routine health care bills, and then rely on their health insurance to pay for more costly ones. Under the pilot test project passed by Congress, certain individuals or their employers may make annual tax-deductible contributions to an MSA of up to sixty-five percent of the policy's deductible for individual coverage and seventy-five percent of the deductible for family coverage. This paper goes into the history, pros and cons, and status of MSA's. Bibliography lists 5 sources.

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Catagory: Disease, Treatment, & Epidemiology

Subcatagory: Medicine, Medical Issues, & Pharmacy

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