HSA

HSA funds can be used to pay for Colorado long term care insurance premiums according to IRS regulations.

Health Care Expenses An Increasing Burden For Elder Americans

[…] Preparing financially for future medical care is obviously a major task, but it’s one that needs more planning that simply purchasing insurance. Yes, long term care insurance and Medigap policies will help to pay for care that isn’t covered by Medicare, but people also need to make sure that they have a financial strategy in place for paying for care that isn’t covered by insurance, and for dealing with premiums that can and do rise over time. […]

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