Safety and security are increasingly prominent concerns in the modern world. Life alert devices have come off as essential tools that you cannot compromise on when it comes to seeking peace of mind, especially for senior citizens who have medical conditions.
These devices are constantly reassuring of immediate medical help that one can attain with just a press of a button. These are important for the continuation of safety and independence for such individuals.
However, before you buy one, there are costs and considerations to consider. Investing in a life alert device for peace of mind will be easier when you see the insight given in this article.
Who Needs Life Alert Devices?
Life alert devices are for those who face medical issues or may require assistance due to age-related problems, disabilities. Older citizens who live alone, with mobility issues, and those who have chronic medical conditions are usually the ones that need of life alert devices.
Caregivers and families of such people can also remain at peace due to these devices in times of emergencies.
Cost Analysis
When you are thinking of investing in a life alert device, you should consider several cost factors. Here is how you can conduct a cost analysis:
Initial Investment
The initial investment into a life alert device will be purchasing the product. You can choose a wearable pendant or wristband, along with the base system that establishes contact with the monitoring center.
Based on the brand, features, and included services of the device, you may have to spend about $100 to $300.
Monthly Subscription Fees
Adding to the upfront cost is the monthly subscription, which is a common feature among life alert services. This fee keeps the monitoring and emergency response services up and running for you.
These usually range from $20 to $50 a month. Review each subscription plan properly to find one that meets both your budget and needs.
Additional Fees And Charges
Some life alert devices also have additional fees for services like maintenance, activation, setup, or cancellation. Read the terms and conditions that come with the device carefully to understand the company’s policy regarding such charges.
Potential Financial Assistance Or Insurance Coverage
Financial assistance and insurance coverage may very well be possible in some cases. Your Medicare Advantage plans or supplemental insurance plans may cover all or part of the cost of getting these devices.
Some governmental subsidies, local programs, and discounts may also reduce the cost burden.
Factors To Consider Before Investing
Now that you know what general cost considerations you should make, you should also know the personal cost considerations you should make when buying a life alert device:
Personal Or Family Needs
Evaluate the specific requirements and concerns of the person who needs the life alert devices. Discern the right device and packages based on how much time this person spends outside the house, how dire their condition is, and how much assistance they require.
Features And Capabilities
Compare the costs of various devices while considering the different features and capabilities. If a device boasts ample capabilities like fall detection, sensors, and so on, that will help the ailing individual, try to invest into that one instead of settling for one that only does the bare minimum.
Customer Support
Last but not least, keep in mind how well the customer support systems of the life alert provider work. Proper technical assistance, troubleshooting, and responsiveness are some things you should expect if you have invested money into a life alert device.
Conclusion
Investing in a life alert device can provide peace of mind to anyone involved. However, various costs and considerations are attached to this process, so careful understanding can help you buy the right one for your loved ones.
