   
Financing a Stair Lift
If you are one of those people who keeps putting off getting a stair
lift because you can't afford it then have you considered financing a stair lift purchase? Even
though stair lifts are not covered by Medicare there are many other options that you can pursue, some of
which you may have never been aware of:
US
Veterans
Financial assistance for the purchase of stairlifts is
available to US Veterans from the Veterans Administration. You should call 1-877-222-VETS for qualification
requirements.
Area Agency on
Aging
Your local Area Agency on Aging can access funds from
the Older Americans Act Title lll to assist senior citizens to install stair lifts in their home.
Call (800) 677-1116 to find your local Area Agency on
Aging.
Federal Housing
Administration
The FHA can assist you with an application to secure
your stairlift purchase via a mortgage insurance program. Call your local HUD office for details or contact (202) 708-1112.
Bank
Finance
Lending institutions are often favourable to offering
loans for stair lift installation. You may also qualify for a reverse mortgage loan. You can get advice on
whether a reverse mortgage is suitable for you by talking with a HUD Housing Counsellor in your area.
Search online or call (800) 569-4287.
Private Health
Insurance
If you have private health insurance or long term care
insurance you may qualify for part payment of a stair lift. Contact your health insurer to find out
more.
Internal Revenue
Service
If your stairlift purchase is assessed by your
doctor as a medical requirement and installing one improves the value of your home, you may be eligible for a tax
deduction. Discuss the matter with your doctor and call the IRS (800) 829-3676 to find out if this applies to
you.
________________________
For someone with mobility issues, installing a
stairlift in the home can be life-saving as well as life-changing. If you or someone you know is not in
a position to purchase a stair lift because of financial constraints, make sure that all potential avenues of
assistance are investigated to the fullest. After all, everyone should have the freedom to live life as they
choose if it is in any way possible.
We found usmedicalsupplies.com to have the best prices on new
and used stair lifts. Click here to see range.
Home
| 
