Getting older brings the possibility of more healthcare expenses.
If you’re wondering how to pay for the care you need — or may need in the future — here are six payment options to know about:
Private pay, also called self pay, means you use your own resources and finances to pay for the care you receive.
Any services, housing or care you choose can be paid for by private pay.
Talk to your financial adviser, attorney or social worker to see if this is the best option for you.
Private health insurance
A private health insurance policy typically covers preventive care and deductibles toward things like prescriptions, specialized doctor visits and elective procedures.
Contact your health insurance provider to clarify what your policy covers.