Most medical, dental and vision services are eligible for HSA spending. You can also use your health savings for prescription drugs.
It can also pay for certain health insurance costs. If you’re covered under COBRA or Medicare Part A or B, you can use your HSA to continue your policy or pay for premiums. You can also use HSA money to pay for premiums if you’re currently receiving unemployment compensation. Long-term care insurance is another type of premium that you can pay for with HSA money.