Are Long Term Care Premiums Eligible Reimbursements on an HSA?

Many people wonder if long term care premiums are eligible reimbursements on an HSA. The answer is no, long term care premiums are not considered qualified medical expenses for HSA reimbursement.

However, there are several other healthcare expenses that are eligible for reimbursement with an HSA, including:

• Prescription medications
• Doctor's visits
• Dental care
• Vision care
• Medical equipment

It's important to check with your HSA provider or refer to the IRS guidelines to determine what expenses are eligible for reimbursement.

Curious if long term care premiums are eligible for reimbursement on an HSA? Unfortunately, they are not classified as qualified medical expenses for HSA reimbursement. However, don't let that discourage you because HSAs can cover a broad range of other healthcare costs!