People seek medical beds for different situations or circumstances, and depending on who is going to use the bed and for how long, you may decide to buy it or just rent it. If you are going to rent the hospital bed, you should know that the charges can balloon if you have prolonged use than expected. On the other hand, if you buy the medical bed and after a few months you no longer need it, you will have spent too much for an item that would probably be taken to the garage or basement for storage since you won’t be needing it. In order to make the decision that you will buy arather than renting it you should look at the following things:
Needed for Extended or Long Term Use
You may be needing a hospital bed because you have a senior who cannot use the traditional bed. It may be that you have a person with disability who will, for the rest of their life, need to use a special bed. These are situations that compel you to buy rather than rent a medical bed. It doesn’t make sense to rent a hospital bed if you will be using it for many years, unless you want to first test how it works and feels to use it.
You Can Make the Larger Upfront
The approach to buying or renting may sometimes be taken in a different way. If a person’s financial situation doesn’t allow the larger upfront costs that come with buying a hospital bed, then it is unlikely they will purchase it. So, you need to have the finances to be able to make the purchase. However, realize thatcan help you with the purchase by picking up some of the cost. For example, if a doctor has prescribed the use of a medical bed by a patient, Medicare can take 80 percent of the purchase amount and you pay the 20 percent. If you are eligible for this kind of coverage, then you can consider buying the medical bed for home-care.
Possible to Have a Resale at a Reasonable Value
You could have a medical bed that you use for months or a few years and you don’t need it. Instead of renting, you can purchase it if you find that the resale value is high and it’s easy to find a buyer. Used medical home-care beds are in demand and considering that a new one costs a lot of dollars, if you slice off a few hundreds of dollars on the buying price, you can get a willing buyer who is looking forward to save some bucks. The value of the hospital bed when reselling will mainly be determined by how well you have maintained it and the years it has been in use.
In essence, there are different situations that would compel you to purchase a hospital bed rather than rent it. You should however make an informed decision based on your individual needs and financial status. If you cannot buy a bed, just rent it. You can even rent the bed for the long term if the upfront payment is a problem to you but you are comfortable with the rental charges because you have athat allows for lower monthly payments.