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The monthly cost of the basic Life Alert system is $29.95. Additional options for CO, smoke and fire monitoring can bump the cost per month up to $49.95. Besides this monthly cost, users also need to pay for a price of $95 to $115 for installation to get started.
As of 2009, most emergency or personal response systems cost from $19.95 to $39.95 a month and a $49 one-time activation or installation fee. Rest assured, Medicare pays for the ambulance service in the event of an emergency.