“Making the Most of a Health Savings Account Once You Turn Age 65,” by Kimberly Lankford, Kiplinger

“After age 65, you can use HSA money tax-free for several extra expenses, such as paying your monthly premiums for Medicare Part B and Part D and Medicare Advantage plans. If you have your Medicare premiums paid automatically from your Social Security benefits, you can withdraw the money tax-free from the HSA to reimburse yourself for those expenses. And you can continue to use HSA money tax-free to pay your out-of-pocket costs for medical care and prescription drugs, dental and vision care, a portion of long-term-care insurance premiums based on your age (up to $4,220 in 2019 for people ages 61 through 70, for example) and other eligible expenses. For more information about HSA-eligible expenses, see IRS Publication 969, Health Savings Accounts.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

HSAs can and will be important for LTC funding if and when government stops giving away Medicaid LTC benefits to the middle class and affluent.