J.C.
I know nothing of the cost or insurance, but I used to work in an assisted living facility that had one. It was the only tub in the building, the individual rooms had only large walk in showers, but for the residents who liked baths, it was wonderful! They could get in safely, fill it up, enjoy their bath, drain the tub, dry mostly off, get out safely, finish up and be out of there with no worries! The water makes bathing a slippery activity anyway, and when you add in climbing over the side of a tub it gets even more dangerous (especially for less steady folks.) From a safety standpoint, for someone who loves baths, I would think it might be a decent investment.