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Subject:  Medical Savings Account ? Date:  2/1/1999  6:59 AM
Author:  DHatch Number:  8214 of 105373

To TMF Pixy:

What is the story on those Medical Savings Accounts?

Do they still exist?

Are they suitable during retirement? Is some other medical coverage required? Would Medicare satisfy any requirement for other insurance?

Are deductions for contributions available? Is earned income required? Are there onerous restrictions? What happens to the money if one does not get sick?

Are they worth fooling with?

If so, how do they work?



P.S. If it is too much trouble, or if you do not believe it would be of interest to anyone else in the world, feel free not to answer.

P.P.S. I strongly suspect that it might be of interest to a number of people who might want to explore all of their options at a time when the future availability of medical services and the future methodology of delivery of same is not really all that clear. What I have heard and seen about some of the HMOs is getting really scary.

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