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Funding Options
 

Module Objectives

pencilDiscuss the principles of purchase price and market size.

Explain the purchase process of Assistive Technology.

Present health-related sources of funding, including government health insurance and private medical insurance.

Focus on employment-related sources of funding, including vocational rehabilitation and workers' compensation insurance.

Summarize educational sources of funding.

Discuss alternative sources of funding, including the Veteran's Administration, community service organizations, and alternative funding.

Present additional information and resources for funding options.

Purchase Price and Market Size

Many functional solutions for a person with a disability do NOT involve highly sophisticated, high priced Assistive Technology (AT). However, when the functional need is only met through a high tech solution, it is often an expensive solution.

AT specifically designed for persons with disabilities is expensive. This is not a conspiracy against persons with a disability, rather a dramatic example of the old economic principle of supply and demand. The fixed costs of product development, sales and marketing are spread across all units sold. Depending on the size of the market, the purchase will be high if it those costs can only be spread over a small market, or quite low when spread over a much larger market.

A great example of a product which demonstrates the relationship between size of market and purchase price is voice input computer software. In its infancy, when being developed and sold only to persons unable to use a key board, secondary to a physical disability, the cost of the software alone was over $10,000. Due to mass market appeal for an efficient and effective alternative to keyboarding, these same types of software programs are now available for $100-200.

 
 
This curriculum was funded by grant #H 133B001200 from the National Institute of Disability and Research, U.S. Department of Education
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