Getting Funding and/or Financing Assistance For Mobility Equipment:
We can provide you with financing options. Call us at 804-208-0850.
Other Free Assistance Options:
Did you know that you may be eligible for financial assistance to fund your mobility aids and/or home modifications? Some programs may cover mobility aids but not home modifications, and vice versa, so it is important to know which category your product is under:
- Power wheelchair
- Mobility scooter
- Lift chair
- Stair lift
- Wheelchair lift
- Roll-in showers
Various programs are available nationally and in each individual state to provide financial assistance for mobility and other medical devices.
Medicare—Mobility equipment and some general home equipment are covered by Medicare part B (durable medical equipment). If eligible, Medicare will reimburse you 80% of the cost or the allowable amount (the maximum price for each product assigned by Medicare) of the item, whichever is less. You are responsible for the remaining 20%. Please note that for lift chairs, only the seat-lift mechanism is covered. To be eligible, a doctor will have to assess your situation and write a prescription for the medical equipment you need. The medical equipment must be deemed necessary for you to complete daily activities and when less costly options are not available. For more information visit Medicare’s website.
Medicaid—Medicaid is a joint federal- and state-funded insurance program for low-income, disabled people and seniors. Medical care and support services are almost fully covered for eligible individuals. The requirements to qualify for Medicaid differ from state to state but in general, financial (income and assets) and medical (ability to perform activities of daily living) considerations are evaluated. Depending on the state, different waivers—programs to help people remain in or transfer into a community rather than in a nursing home, institution or hospital—are available. To obtain more information by state visit Medicaid’s website.
Department of Veterans’ Affairs—The Department of Veterans’ Affairs offers many different funding programs and financial assistance for veterans:
- TRICARE—Provides funding for the 20% co-pay amount not covered by Medicare for durable medical equipment. Elderly, retired veterans and their families are eligible but there may be enrolment fees for retired military personnel and their families. There are three different levels of coverage available: prime, extra and standard. TRICARE extra and standard require a deductible to be paid annually. For more information on funding visit TRICARE’s website.
- CHAMPVA for Life (CFL)—Provides funding for the 20% co-pay amount not covered by Medicare for durable medical equipment. Family members of veterans who are disabled or killed in the line of duty, are over 65 years old and not eligible for TRICARE may use this program. To learn more visit CHAMPVA’s website.
- Veterans Directed Home and Community Based Services (VD-HCBS)—Qualified veterans are provided with a certain amount of money to be spent towards durable medical equipment. Visit the VD-HCBS website for more information.
Tax deductions—Medical expenses for individuals or dependents that exceed 10% (7.5% for those over 65 years of age) of their annual income can be deducted from their taxable income when filing taxes. There are some expenses that are ineligible, such as medical expenses reimbursed by Medicare, health insurance, etc. To learn more about medical expenses visit the IRS website.
Installation of stair lifts, wheelchair lifts and roll-in showers are considered home modifications because permanent changes are made to the home to facilitate the elderly or disabled person living there. Home modifications are not covered under Medicare or Medicaid. Funding/financial assistance programs for seniors and people who are disabled are available nationally and by state for necessary home modifications.
Medicaid waivers—Many states have programs (waivers) designed to encourage seniors on Medicaid to move out of nursing homes and move in with their family members or into the community. Money Follows the Person (MFP) is one of them, but it may differ slightly from state to state. In general, waivers are available to people who need home modifications to assist with daily living as they transition out of a nursing homes they have been staying in for more than 90 days. Visit the Medicaid website for waivers available in your state.
Department of Veterans’ Affairs—There are multiple programs offered by the Department of Veterans’ Affairs for elderly or disabled veterans. Some available grants are Specially Adapted Housing (SAH), Special Home Adaptation (SHA) and Home Improvement and Structural Alteration (HISA). HISA is the only grant that does not require a service-related disability to be eligible.
- For more information on SAH and SHA grants visit the U.S Department of Veterans Affairs.
- For more information on HISA grants visit the U.S. Department of Veterans Affairs.
Tax deductions—Home modification expenses for individuals or dependants that exceed 10% (7.5% of those over the age of 65) of their annual income can be deducted from their taxable income when filing taxes. There are some expenses that are ineligible, such as home modification expenses reimbursed by Medicaid waivers, health insurance, etc. For more information visit the IRS website.
Non-profit and other organizations—There are many non-profit and other organizations that offer assistance for seniors and disabled people both nationally and locally.
- Local providers of medical equipment such as stair lifts, wheelchair lifts and power wheelchairs routinely deal with Medicare, Medicaid and other national or local organizations that offer funding. They are familiar with various eligibility and application processes.
- Call your health insurance provider. Some policies are written to include medical equipment such as stair lifts. Ask about a rider, or additional coverage if your policy doesn’t include stair lifts.
- Call the Area Agency on Aging. Most communities with medium to large populations have one of these agencies. The AAA may have programs or grants you can apply for to help fund the installation of a stair lift.
- Look up federal programs for home renovations. Contact the Federal Housing Administration (FHA), which has programs under Title 1 and Section 203(k) to help with home modification. This information can be found through the Housing and Urban Development (HUD) office.
- Check also with the Department of Housing and Community Development about block grants, which exist to help maintain and upgrade homes.
- Contact the Rural Housing Services about its grants and loan programs under the USDA (Department of Agriculture). This agency’s 502 Home Ownership Loans cover rehabilitation, repair and improving rural homes for low-income elderly people.
- Look into state programs for the disabled. There are State Assistance Technology Programs that can be used for people with disabilities and their families. These state agencies also have grants and loans available.
- Ask at your local bank or credit union about home repair or improvement loans. Installing a stair lift can qualify for a small loan.
- Seniors over 62 years of age may also consider a reverse mortgage to help pay for renovations involved with disabilities.
- Disabled Veterans should speak with their local VA Hospital physician to see if they qualify for free mobility equipment and/or devices.
We are here to help you better understand your available options. We can assist you with questions about financing, installation, warranties, and understanding the differences between the models and options offered. Our goal is to help you make the BEST decision for you and your loved ones while saving you money.