Home sleep monitors, also known as sleep trackers, collect information that can be used to reveal patterns in your sleep habits. Home sleep monitors may be wearable devices like a wristwatch or headband or non-wearable monitors that rest on the mattress, clip to a pillow, or sit on a nightstand or bedside table.1, 2
While features vary, generally-speaking these devices contain sensors that detect physical signs or activity during sleep such as heart rate, respiration rate and body movement. Home sleep monitors may also use microphones to detect snoring, movement while sleeping and ambient noise in the environment.1, 2 This data is tracked and recorded to determine various information like sleep duration, sleep quality, sleep phases and environmental or lifestyle factors that may be having an impact on your sleep.
Below we dive into the cost of a home sleep monitor, if insurance covers it and how financing can help.
How much does a home sleep monitor cost?
The average cost of a home sleep monitor is $24 to $299.3 Devices like sleep tracker headbands that track additional information such as brain activity or that are designed to extend REM sleep can cost $350 to $400 or more.4
Does insurance cover a home sleep monitor?
Unless it is deemed medically necessary, a home sleep monitor is probably not typically covered by insurance.5 If covered, the exact amount of coverage and what out-of-pocket costs you will pay depends on many factors including your private medical insurance plan and provider, your annual deductible and co-pay requirements.
Check with your plan provider to determine your specific benefits.
How can I pay for a home sleep monitor?
If you are looking to pay for a home sleep monitor and don’t have insurance or if you need a way to pay for co-pays, deductibles or other out-of-pocket costs, there are several payment options you can consider.
You may be able to use a tax-free Health Savings Account (HSA) or Flexible Spending Account (FSA) to pay for it.
If you are interested in paying over time, almost all medical equipment providers accept general purpose credit cards. Many also accept the CareCredit credit card, which may be a convenient way to pay for a home sleep monitor.
Can I use my CareCredit credit card to pay for a home sleep monitor?
You can use your CareCredit credit card at locations within the CareCredit network to finance your home sleep monitor or other medical equipment and supplies. The benefit of using a CareCredit credit card is the opportunity to use promotional financing.* You can use your CareCredit card again and again to pay for other health and wellness needs. Use the Acceptance Locator or download the CareCredit Mobile App to find a home medical equipment supplier near you that accepts the CareCredit credit card.