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Question

11 Jan 2005

Savings accounts vs medical debit cards
There are so many items not coverd by MSA's or co-payments that need to be made, is it not better to use a medical debit card instead of trying to understand how MSA's work with selfpayment gaps etc? After all it is my money, it just get managed by the scheme and the tax benefit is limited anyhow.
Answer 330 views
Expert
Medical schemes

01 Jan 0001

Medical Schemes manage their savings accounts according to their registered rules. The management of the savings accounts could differ from scheme to scheme.

A savings account is usually more beneficial fo a member.
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