- Using your Medical Savings Account for Medicare-covered Part A and Part B services
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Examples
- Doctor's visit
- Inpatient hospital stay
These are just examples of Medicare-covered Part A and Part B services. Find out if Medicare covers a test, item, or service you need.
Can I use the money in my account for this expense?
Yes
Does this expense count toward my deductible?
Yes
Is the money that I use from my account for this expense taxed?
No
- Using your Medical Savings Account for Qualified Medical Expenses that aren’t Medicare-covered Part A and Part B services
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Examples
- Dental
- Vision
- Part D prescription drugs
These are just examples of Qualified Medical Expenses. See IRS publication #969 [PDF, 2.13 MB] for the year that you're filing to get a complete list of the services and products that count as Qualified Medical Expenses.
Can I use the money in my account for this expense?
Yes
Does this expense count toward my deductible?
No
Is the money that I use from my account for this expense taxed?
No
- Using your Medical Savings Account for non-medical spending
-
Examples
- Groceries
- Utilities
Can I use the money in my account for this expense?
Yes
Does this expense count toward my deductible?
No
Is the money that I use from my account for this expense taxed?
Yes