Many people who need a stair lift never get one because they are convinced they simply can't afford this option. At Mobile Ramps, we believe everyone should have access to freedom of mobility. That is why we are happy to help put you in contact with the resources and organizations that can help you finance your lift.
While Medicare does not cover the cost of stair lifts, there are other options and resources available:
PayPal
We now offer 6-month financing through PayPal. Simply call in or order online and choose to “Check out with PayPal” at the bottom of the page. If you are interested in using this financing option, simply tell one of our stair lift experts that you would like to use the "Bill Me Later®" payment option and they will walk you through the process
Next, you will be directed to PayPal’s website to complete your order. Click the “Apply Now” button next to “Get 6 months to pay with Bill Me Later®”. If approved, you will then be issued a line of credit for your purchase. Be sure to read the instructions and terms, as these are PayPal’s terms, and not ours.
Veteran’s Administration
The Veteran's Administration can help US veterans pay for their stair lifts. Call 1-877-222-VETS to find out if you qualify.
Area Agency on Aging
Your local Area Agency on Aging may use funds from the Older Americans Act Title III to help local seniors install stair lifts. Find your local Area Agency on Aging by calling (800) 677-1116.
Federal Housing Administration
The FHA, which is part of the U.S. Department of Housing and Urban Development (HUD), can help you secure a loan to pay for your stair lift through a mortgage insurance program. Call your regional HUD office for more information. To find your local HUD office, visit http://portal.hud.gov/hudportal/HUD?src=/localoffices or call (202) 708-1112.
Banks
Many banks and lending agencies offer loans for people who want to install a stair lift. They also offer reverse mortgages that allow homeowners to turn the value of their home into cash. A HUD-approved housing counseling agency can help you decide if a reverse mortgage is right for you. Call your bank to find out if they offer a low-interest loan you can use to help pay for your stair lift.
Health Insurance?
Many people don’t know that some private health insurance or long term care insurance plans help pay for stair lifts. Call your health insurance provider to find out if you qualify for financial aid before you purchase your stair lift.
Internal Revenue Service
Your stair lift may actually qualify for tax deductions. For example, you might be able to deduct the cost of installing your stair lift if it increases your property’s resale value and has been prescribed as a medical necessity. Read IRS Publication 502 or call the IRS at (800) 829-3676 to find out if you qualify for such a tax deduction.
Contact one of our stair lift experts to learn more about any of these stair lift financing options.