Did you know you can pay for long term care insurance premiums with money out of your Health Savings Account (or HSA)? That’s right, and what an amazing and cost effective way to get better overall coverage for less money. What? Why not? HSA compatible health insurance premiums can be up to 50% less than traditional plan premiums. This can translate to hundreds or even thousands of dollars per year in premium savings. Some of this extra money can be placed in a health savings account in which the money and it’s growth are never taxed as long as they used for qualified reasons, which include long term care premiums. The savings in health premiums along with the tax benefits of a health savings account can in most cases more that cover the cost of a well built long term care insurance policy, plus leave money for extra medical expenses. Wouldn’t it be nice if you could find someone who specializes in both health insurance and long term care insurance? Here at Cochrane Insurance & Annuity Services we do both very well. We serve the insurance needs of Californian residents. Call us at 877-670-7526 for free quote. We see insurance like no other!