Disabling hearing loss affects nearly one in every four persons aged 65 to 74 and one in every two people who are over the age of 75. Despite this, just 16% of individuals under the age of 69 who could benefit from hearing aids use them. Why? The cost might be a significant factor. Hearing aids are expensive and are frequently not covered by health insurance coverage. As a result, many people prefer to live without them.
Hearing loss is not only unpleasant — and sometimes dangerous — but it can also have major consequences for one’s health in other ways. To be safe and healthy, consider these tips and tricks to save money when buying hearing aids.
Shop Around
With so many gadgets, services, and rates to choose from, it’s important to understand the landscape before making a purchase. Prices for hearing aids can vary significantly, which makes it all the more important for buyers to shop around and then compare their options before they make a decision.
Know What Is Included in The Price
A few important things to ask a hearing aid provider include:
-Is there a subscription or leasing plan?
Alternate payment plans can ease the financial burden.
– What is the warranty?
Pretty much all hearing aids that are available today come with a comprehensive warranty. But make sure to ask the hearing aid dispenser how long the warranty is valid and what it covers.
-Is there a refund policy?
Most dispensers allow buyers to return their hearing aids during a 30-day trial period, but make sure to check the terms of the refund policy.
Check if They Are Covered by Health Insurance
Hearing aids are not covered by basic Medicare. However, around 40% of Medicare enrollees have a Medicare Advantage plan, which can cost $10 to $150 per month or more, and “the vast majority” of those plans offer coverage for hearing aids. People who have employer-sponsored health insurance or other types of medical insurance should check if their plan covers hearing aids in full or at least partially. Medicaid plans in many states also offer coverage for hearing aids.
