Healthcare Technology Featured Article

December 04, 2023

5 Ways to Afford Expensive Medical Equipment for Your Needs

Everyone knows that buying medical equipment can be very expensive because we are surrounded by high-end technology equipment nowadays. However, when we think of it, going to the hospital regularly and availing of such equipment is also expensive. That is why people consider buying their equipment just to pay one big time rather than spending a huge amount of money every session in the hospital. 

These pieces of equipment definitely are not cheap. You need to discern whether you need to buy it or are better off renting it. However, if you decided to buy equipment because you need it for long-term use but are struggling to afford it, check out these 5 ways to afford expensive medical equipment for your needs:

Go Through Online Shops

Given that we are already in the digital era, one of the fastest and most convenient ways to search for cheaper medical supplies is to check online shops. Just surf the internet and type in the search bar "discounted medical supplies," and it will give you many options of websites leading you to cheaper or discounted medical supplies. You can physically shop around as well to compare and ensure you are getting the cheapest price possible.

One tip: you need to be careful with these websites because there are a lot of scammers and phishing websites out there. Searching and clicking as many websites as possible may be that easy. However, a vast percentage may offer low-quality equipment or pay for nothing. Always double-check the websites to see if they have good feedback, and be very keen on any offer or pricing that seems too good to be true.

Check and Apply for Assistive Technology Programs

Are you aware of an Assistive Technology Act program in all 50 states in the United States, Washington, D.C., and five more United States territories? The said act is set to assist the elderly and disabled people in affording the medical equipment needed for their disease or specific conditions. 

It is designated to cover "any item, piece of equipment, or product system, whether commercially obtained, or customized, that is utilized in elevating, improving, or maintaining such functional capabilities of individuals with disabilities."

There are many ways that these programs can aid individuals in acquiring the medical equipment they need. These programs can loan devices out to patients in need for a short period. If you're still short-budgeted to afford it, you can apply for payday loans like CreditNinja payday loans or search for any low-interest loans and grants.

Inquire About Borrowing Equipment

Several assistive devices like wheelchairs, scooters, orthotic devices, etc., can be available on free or low-cost loans with the help of a nonprofit, local civic organization, or even from your doctor's office with your doctor's recommendation letter. You can ask your physician or occupational therapist if they have a "loaner closet," which means a designated place to keep donated items.

Another way of looking for a "loan closet" around your city and county is that you can search in the internet browser to see if there are any nearby. Also, ask any healthcare professionals you may know for help, such as details for the type of equipment and some recommendations you need, to find quality deals.

Assistance for a Specific Disease

This assistance will depend on your diagnosed disease. You can be qualified for disease-based assistance. This type of assistance focuses on supporting patients with a particular disease to lessen their financial burden. It can be through activities like the American Cancer Society and the ALS Association's Ice Bucket Challenge.

These communities are composed of groups that work as one, like volunteer programs and government-funded organizations. The said groups and organizations can help lessen some of your expenses, like medications, check-ups, medical equipment, and many more. They offer various programs with the sole objective of financially helping qualified people.

Consider a Refurbished Equipment

One possible way to afford expensive medical equipment is to look for refurbished or recycled equipment that is still in good condition and functioning. This only works on equipment that can be sterilized. For quality checking, you must ensure they can be sterilized and test these used devices to ensure they are still functioning well.

Many of the Assistive Technology Act programs mentioned above usually work with refurbished equipment programs. Additionally, they keep an updated list of available equipment for sale in the area. Offering matching services paves the way for buyers and sellers to connect with each other freely.

Final Thoughts 

Medical equipment is agreeably expensive. However, being wise and knowing such advantages and benefits can be a huge help in cutting down medical equipment expenses. Just remember, the internet is your friend. Research more and be keen on every detail.


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