Medical Savings Account

A Medical Savings Account (MSA) holds the funds that you can use to pay for a set list of healthcare services and products, such as procedures, medicine, consultations and more. Each January, you receive an advance allocation for the year. A portion of your monthly contribution is then used to pay this back to the Scheme every month. During the year you have the flexibility to use the funds in your MSA as you need them. Any MSA funds still available in your account at the end of the year will roll over to the next year. Savings carried over from previous years allow you to build up a healthy savings balance for a time when you need extra medical cover.

Charges above SRR (excluding PMBs), can be considered for payment from your MSA. This is a once-off instruction. Members may request reimbursement for Scheme exclusions (which will be assessed based on clinical appropriateness) or non-PMB chronic medication co-payments, or costs in excess of annual benefits from their available MSA. The Scheme needs to be instructed in every instance. Contact the Scheme on 0860 222 633 or download the form here