How can we help you? Will my insurance cover the cost of a stair lift? 1 out of 2 found this helpful Unfortunately, Medicare and most private insurances do not cover the costs of a stair lift at this time. Was this helpful? Yes (1) No (0) Category: General Related Questions What if my stair lift is on the opposite end of the staircase? How is the stair lift powered? When do I need a stair lift? What if something is in the way or on the track of the stair lift?