Let's analyze each statement about Medicare Savings Account (MSA) Plans to determine correctness.
I. MSAs may have either a partial network, full network, or no network of providers.
- This statement is correct. MSA plans can have varying degrees of provider networks: partial, full, or none at all.
II. MSA plans cover Part A and Part B benefits but not Part D prescription drug benefits.
- This statement is correct. MSA plans typically cover Medicare Part A (hospital insurance) and Medicare Part B (medical insurance) but do not include Medicare Part D (prescription drug coverage). Enrollees need to enroll separately in a Part D plan if they require prescription drug coverage.
III. An individual who is enrolled in an MSA plan is responsible for a minimal deductible of [tex]$500 indexed for inflation.
- This statement is incorrect. MSA plans generally have a high deductible, which is higher than $[/tex]500. The actual deductible amount can vary, but it is not minimal.
IV. Non-network providers must accept the same amount that Original Medicare would pay them as payment in full.
- This statement is correct. Non-network providers must generally accept the Medicare-approved amount as full payment, which aligns with the rules set by Original Medicare.
Given this analysis:
- Statement I is correct.
- Statement II is correct.
- Statement III is incorrect.
- Statement IV is correct.
Therefore, the correct statements are I, II, and IV. This aligns with:
a. I, II, and IV only
Thus, the correct answer is:
a. I, II, and IV only
