The MSA reimburses for out-of-pocket medical expenses that are not covered by the subscriber's health plan.
This means that if the subscriber incurs medical expenses that are not covered by their insurance, they can use the funds in their MSA to reimburse themselves for those expenses.
However, it's important to note that not all health plans qualify for an MSA and there are limits to how much can be contributed to the account each year.
Additionally, any unused funds in the account at the end of the year do not roll over, so it's important to use the funds before the end of the year to avoid losing them.
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