(September 29, 2019) – The Lasso Healthcare MSA Medicare Advantage Plan will be available in Minnesota at the 2019 AEP for the 2020 plan year. More information about the plan, eligibility, features and benefits can be obtained from the Health of America Insurance Agency.
MSA stands for Medical Savings Account, and is a type of Medicare plan. MSA plans combine a high deductible Medicare Advantage plan in the trust or custodial savings account as defined or approved by the IRS. The plan deposits money from Medicare into the account, which does not depend on age or other factors. Thus all insurers receive the same amount, and also own their account.
Lasso Healthcare teams up with Medicare for the MSA plan and offers attractive Part A and Part B benefits. Those who sign up continue to retain their original Medicare, and receive an additional hospital and medical insurance rather than the original Medicare.
The Lasso Healthcare MSA plan has a monthly premium of $0.00, and carries a maximum out of pocket limit of $7,400. With a plan deposit of $3,240 into the account for qualified expenses, the enrollee will thus get $4,160 as out of pocket expenditure.
As part of eligibility criteria, the insurer will need to be eligible for both Part A and B, and be resident in the the Lasso healthcare MSA service area. The beneficiary must live in the United States for at least 183 days or more during the calendar year.
The Lasso Healthcare MSA plan is ideal for those above 65 years of age, and currently the annual enrollment is open. For more information and enrollment, please contact Rick at 612-377-8008 / 800-868-2333.
For more information, please visit: https://hoaia.com/lasso-healthcare-msa
Health of America Insurance Agency
8421 Wayzata Blvd, Suite 225, Golden Valley, MN 55426
Email: [email protected]
Phone: 1-800 868-2333