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WellPoint To Introduce Medicare MSA

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A health insurance giant is giving older Americans a chance to open personal health accounts.

WellPoint Inc., Indianapolis, is starting to roll out a Medicare medical savings account program.

Medicare beneficiaries may be able to sign up for the MSA program in some states as early as Nov. 15, WellPoint says.

The WellPoint Medicare MSA plan will combine a high-deductible Medicare health plan with an MSA.

Affiliated Computer Services Inc., Dallas, and Mellon Financial Corp., Pittsburgh, will team up to serve as the WellPoint Medicare MSA custodian.