The maximum allowable deductible for an MSA is $15,750 in 2023, although many plans have deductibles well below this limit. In 2024, the maximum allowable deductible for MSAs will be $16,000.
These deductible limits are much higher than the overall maximum out-of-pocket limit for other Medicare Advantage plans, which is $8,300 in 2023 and will be $8,850 in 2024.
Of course, the insurer’s contributions to the MSA itself will obviously help to reduce the enrollee’s actual out-of-pocket costs, since they can use the MSA money to cover some of their expenses. But the amount that an insurer contributes to enrollees’ MSAs varies quite a bit from one plan to another, so it’s important to understand the out-of-pocket costs for the plan you’re considering, as well as the amount that will be deposited into your MSA.