Keep in mind that stair lift installation can be expensive. However, many companies offer financing. The options to finance will always depend on the cost of the lift, your credit history and if you put any money down upfront. Explore the financing details to ensure you are not being charged a high-interest rate. You should also explore if your insurance covers any portion of purchase or installation. Insurance options are often limited, but it never hurts to double-check. Medicare does not currently pay for stair lifts but there may be some options through Medicare Advantage plans for reimbursement. If you have Medicaid, you will need to check with your state-specific benefits to determine if you are eligible for any reimbursement. Veterans are often eligible for some or full payment for stairl ifts. It is well worth the time and effort to contact the Department of Veterans Affairs caregiver support line for more details. You should also consider what the cost of removal is as well for the long-term viability of your home or should you move.