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 Can I stand on the footrest instead of sitting on the seat? What if something is in the way or on the track of the stair lift? Are stair lifts expensive? How long does the installation take?