tips to fund home modification

It’s no secret home modification can come with a hefty price tag. And receiving funding to help with home modification costs can be a difficult task. To assist, we’ve come up with a few solutions to help reduce cost as you look to modify your home.

Insurance Coverage

The first thing that comes to mind as a funding option is your insurance provider. You should reach out to them to understand your terms of coverage and policy.

Medicaid offers a Home and Community Based Services waiver. Through this, home modification costs are sometimes considered and reimbursed.

Medicare currently does not pay for home modifications. They do sometimes assist with durable medical equipment for the home. If a doctor prescribes equipment as medically necessary, there’s potential to have Medicare cover the expense.

Tax Deductions

You may be able to deduct certain equipment and home modifications as medical expenses. As long as your medical expenses exceed 7.5 percent (10 percent if you’re under 65) of your income, you can deduct this for tax purposes. Like Medicare, a note from your doctor stating the modifications was medically necessary can help secure the tax deduction.


There are several local, national, government and private grants you can apply for. There are specific grants for veterans, residents of rural areas, and those who are looking to be self-sufficient but aren’t classified as a low-income household. We encourage you to reach out to your medical provider to see if they know of any grants.

Long-Term Care Policy

A long-term care policy could help cover some or all of the home modifications. Work with your policy provider to understand what is and isn’t covered. Also, clarify how using the policy will impact your terms later on.

If you have questions about home modification, contact us today. To learn more how we can assist you in making your home safe aging find a location near you!