Can You Use Hsa To Pay For Long Term Care Insurance? 
Yes , you can use HSA -LRB- Health Savings Account -RRB- funds to pay for Long Term Care Insurance . There is a limit on what the premium can be that comes from the HSA . In 2012 , the limit for someone age 40 was $ 340/year while the limit for someone age 71 or older was $ 4,240 / year . The Long Term Care policy must be guaranteed renewable , not have a cash value that can be depleted before use , and not reimburse what Medicare will reimburse . Also , if there are refunds , they must be used to reduce premiums or increase benefits . 