Walk-in tubs can be a life-saver for seniors, providing a safe and comfortable way to bathe without the risk of slipping or falling. But, let’s be honest these tubs can be very very expensive, often costing several thousand dollars. If you are on fixed income, that price tag can feel pretty high. Fortunately there are ways to get financial assistance for a walk-in tub. Let’s take a look at some options to help make your home safer without breaking your savings.
Before diving into the financial assistance options, it is important to understand why walk-in tubs can be so pricey. These tubs are designed with special features like low entry doors, handrails, and anti-slip floors, which make them safer for seniors. Plus, many come with extras like built-in seats, water jets, and fast drainage systems. All of these features add up, making walk-in tubs a significant investment.
One of the first places many seniors look for help is Medicare or Medicaid. Unfortunately, Medicare typically does not cover the cost of a walk-in tub. That’s because Medicare views them as “luxury” items, rather than medical necessities.
However, Medicaid might be able to help in some cases. Medicaid coverage varies by state, and some states have programs that help seniors make home modifications to improve safety, including walk-in tubs. If you qualify for Medicaid waivers or other state-funded programs, you might be able to get part (or even all) of the cost of a walk-in tub covered. Be sure to contact your local Medicaid office to find out if this type of help is available in your area.
If you’re a veteran, you may have access to financial assistance through the Veterans Administration (VA). The VA offers programs like the Specially Adapted Housing (SAH) grant or the Home Improvements and Structural Alterations (HISA) grant that can help veterans pay for home modifications, including walk-in tubs. These grants are designed to help disabled veterans live more independently, so if you qualify, this could be a great way to get financial help for a walk-in tub.
There are also several non-profit organizations and charities that provide financial assistance for seniors who need help making their homes safer. Some organizations offer grants or low-interest loans specifically for home improvements like walk-in tubs. Here are a few to look into:
If you’re not able to find grants or other assistance, financing might be another option. Some companies that sell walk-in tubs offer payment plans or financing options to help spread out the cost over time. While this isn’t “free” money, it can make the cost more manageable.
You could also look into home equity loans or reverse mortgages if you own your home. These options let you borrow against the value of your home to pay for things like a walk-in tub. Just be sure to carefully consider the terms and interest rates before committing to any type of loan.
Another potential way to save money is through tax deductions. If your doctor says that a walk-in tub is a medical necessity due to a health condition (like arthritis or a mobility issue), you might be able to claim the cost as a medical expense on your taxes. Be sure to keep any paperwork from your doctor and receipts from the purchase, as you’ll need them when filing your taxes.
While walk-in tubs can be a big investment, there are several ways to get financial assistance to help with the cost. Whether it’s through Medicaid, veterans’ benefits, non-profit organizations, or tax deductions, there are resources out there that can make a walk-in tub more affordable.
It might take some research and a few phone calls, but in the end, the peace of mind that comes with having a safer, more accessible bathroom is worth it. Don’t be afraid to explore all your options and find the help you need.