Hearing aid costs and financing
We've got answers to your questions about hearing aid prices and purchasing assistance.
How much do hearing aids cost?
One of the first things hearing aid buyers want to know is the cost of hearing aids. The short answer is, “Anywhere from $500 to $6,000.” The right answer is, “It depends.”
It depends because people have different hearing needs, not all hearing aids look, sound or function the same, and not all come with the same level of service and care.
Everyone’s hearing needs and wants are different
If you work and lead an active social life, you may want and require hearing aids with discreet, advanced and automated features. If you spend more of your time at home pursuing quiet activities, a less expensive level of technology with basic functionality might be right for you.
Regardless of your specific needs, hearing aids can help enhance your quality of life by ensuring you don’t miss out on important moments, enabling you to remain social and active, keeping you safe and alert, and bringing you the joy of hearing your favorite sounds, music and people.
There's a range for a reason
Like many things you buy — from televisions to cell phones to glasses — there is a “good-better-best” hierarchy that applies to hearing aids. They’re available in a variety of styles, with a range of high-tech features — which means you’ll typically pay less for hearing aids that are big and basic than you will for hearing aids that are discreet and state-of-the-art.
Factors that affect the price of hearing aids include:
- Features — Features that cancel noise, modulate volume, enable direct connectivity to smartphones and TV, or track and measure physical and mental activity, greatly improve performance and enhance everyday life, but also increase costs.
- Professional Services — Like many other medical devices, the proper selection and fitting of a hearing aid require the skill of educated and trained healthcare professionals. Professional services associated with the selection, fitting, adjustments and overall maintenance of hearing aids are often included as part of the cost of the hearing aid.
Buying devices fit and serviced by professionals will cost more than ones bought off the internet or from a retail store, but they’re also going to fit better, work harder, last longer and deliver more significant benefits.
Additional ways to pay for hearing aids
Most hearing aid providers offer smart financing options, where you can pay for hearing aids via budget-friendly monthly installments, but there are other resources that may be available to you.
Private health insurance
Hearing aid coverage for adults is not mandated in every state. Some private health insurance companies cover the costs of hearing tests, a hearing aid evaluation and even partial or full coverage of a hearing aid. Others provide none at all. Check your individual plan coverage by calling the member services phone number on your insurance card.
The Veteran’s Affairs Canada (VAC) provides access to audiology services and hearing aids for qualified veterans. Available at any hearing clinic in the country.
Government third-party funding
There are multiple government third-party plans offered in Canada, depending on the province you reside in. Ask your local hearing clinic about what is available to you.
Some hearing aid manufacturers sponsor foundations that provide hearing aids to those with limited financial resources. For example, Hear Now is a national nonprofit program affiliated with Starkey Hearing Foundation. The program assists hard-of-hearing individuals who lack the financial resources to purchase hearing aids.Next: Reviews
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