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Medical alert systems typically range in price from $20-40 monthly. Many Medicare Advantage plans cover these devices while Medicaid may assist in covering them as well. Budget for one-off fees when shopping around, while monthly service fees must also be carefully taken into account. Itemize Your Deductions As some seniors may find the cost of medical alert systems prohibitive, others may be eligible to claim them as a tax deduction. To do so, users should submit invoices detailing equipment purchases, installation fees and monthly monitoring charges; as well as