How to Save Money on Hearing Aids
Why are hearing aids important?
Research has shown that treating hearing loss with hearing aids has a direct positive impact on quality of life, not to mention health benefits including reduced long-term likelihood of developing dementia. When compared to the rate of inflation, the cost of hearing aids has decreased over time. Averaged over the lifetime of the instruments (3–5 years or more), the cost per day of a pair of advanced digital hearing aids is about $3.
How are hearing aids priced?
Many people don’t realize that when you purchase hearing aids, in most cases you are paying for a “bundled” service. That means that in addition to the actual devices you are also paying for the services of your hearing care provider. Some offices limit the number of follow up visits, or the number of years your devices will be serviced before additional charges begin to apply. Such services include the initial hearing aid evaluation, hearing aid fitting, fine-tuning appointments, physical fit adjustments, cleaning/repairs, and batteries.
Because of this, it’s important to be skeptical when purchasing hearing aids online or through a program that does not have face-to-face professional services included. If you don’t pay for services up front, you can be certain you will in the end (often costing more than if you’d just paid a professional clinic up front).
What to look for:
Although the bundled model can make it more difficult to assess the true value that you will get from your investment in hearing aids, there are a few elements to consider:
- Warranty period
- Devices may have a warranty ranging from 1-3 years, typically. Your warranty protects you against costly repairs and in many cases also protects you against loss and damage.
- Services included
- While some offices may only offer an initial evaluation, fitting, and one or two follow-up appointments, others will offer complete services for the length of the warranty or even the life of the hearing aids at no additional charge. The financial value of those ongoing services could be worth hundreds or thousands of dollars over the life of your devices.
- Expertise of the provider
- Hearing aids are fit by a wide range of professionals. The most highly trained provider of hearing services is a Doctor of Audiology, who has completed 8 years of school and thousands of clinical hours in a variety of settings. Often the hearing aid charges to be fit by an audiologist are the same as those of a hearing aid dispenser, who is only required to complete one state licensing exam.
- Some extra perks might include batteries, free house call visits, complimentary ear cleanings, extended trial period, or interest-free financing.
How to Save Money on Hearing Aids, and Get What You Need
There are a few ways that you can save money on hearing aids, but still feel confident that you are receiving the value and product that you need:
- Check your health insurance benefits
- Even though Medicare doesn’t cover the cost of hearing aids, many private insurance plans do have a hearing aid benefit. Make sure that the hearing aid provider you select is in-network with your insurance program, and that they will file a claim for you. Many of our patients save hundreds or up to $5000 from their insurance benefit.
- Communicate your needs and financial expectations to your provider
- A reputable hearing care provider will take into consideration both your lifestyle as well as your financial capacity to pay for hearing aids while making a recommendation. Many people don’t need the most advanced technology, whether it is because they lead a quiet lifestyle or because their auditory system hasn’t been damaged to a degree that they need the extra support. Remember though, better hearing is an investment, and it is valuable to invest in the technology you need if you can afford it.
- Ask about financing options
- Many clinics will offer interest-free financing to those who qualify, allowing you to afford the technology that you need without paying a lump sum up front.
- When you buy your hearing aids, take good care of them
- The average life of hearing aids is 3-5 years, and by taking good care of your devices and keeping them under an extended warranty you can often keep the same devices for 5 years or beyond, allowing you to make fewer hearing aid purchases over your lifetime, and saving thousands of dollars.
- Trade-in programs and referral incentives
- Many clinics have programs that allow you to trade in your old hearing aids for new technology and receive a discount. Additionally, many privately-owned practices rely on referrals to keep their practice going, and are happy to offer incentives that can add up over time.
When you are ready, ClearLife Hearing Care can help you select the right devices in your price range.
In addition, our practice offer the following industry-leading benefits:
- Experienced Doctors of Audiology
- 45-day risk-free trial period
- Concierge access to your audiologist’s cellphone
- Comprehensive house call services
- Complimentary service for the life of your hearing aids
- 3 year warranty on all makes and models
- Free batteries with all makes and models
Call 844-440-HEAR today to schedule a complimentary hearing test.