Financing Can Help Make Hearing Aids a Reality
Many people with hearing loss have not received treatment for it. According to the National Institute on Deafness and Other Communication Disorders, only 30 percent of adults 70 and older and 16 percent of adults 20-69 who could benefit from hearing aids have ever used them. At Ear, Nose & Throat Consultants, we’re dedicated to making hearing loss treatment more accessible, which is why we offer several options for covering the cost of the device.
Cost vs. Value
Hearing aids range in price based on the type of hearing loss they treat and the technology required to match your lifestyle.
Consider all the activities that you are unable to fully enjoy because of your hearing loss. Do you miss parts of conversations with loved ones? Do you avoid your favorite restaurants because you have difficulty ordering food? Do you enjoy music but miss out on the nuances of your favorite songs? Hearing aids can help.
While higher tier technology comes with a larger price tag, there are many features that wearers find essential. Today’s newest devices can connect to your smartphone and TV via Bluetooth® so you can stream calls, music, your favorite shows and more. In addition, some models offer rechargeable batteries and auto-adjustments when you enter a new listening environment.
Happiness from Hearing Aids
When you shop for hearing aids, be sure to consider all your needs, not just budget. Purchasing low-tier technology will work for some, but if you have a more complex or profound hearing loss, you will not achieve your full hearing potential with baseline technology.
Flexible Financing Plans
Financing plans are one way in which treatment for hearing loss becomes a reality. These plans allow you to pay a smaller amount of your hearing aid costs each month. Depending on your needs, the time frame might range anywhere from six to 60 months.
Financing plans also typically offer benefits like
- Created specifically for health care costs
- Convenient monthly payments
- Online account management and bill pay
- Convenient approval rates
- Special financing promotions
- Easy online or in-office sign-up
- Acceptance by hundreds of medical providers
- Revolving line of credit
Wells Fargo Health Advantage®
- Deferred-interest plans
- Fixed payment plans
CareCredit®
- Deferred-interest plans
- Extended payment plans
Private Insurance
Though many medical insurances do not cover the cost of hearing aids, every plan is different. Some insurance companies are now offering partial or full coverage of hearing aids.
You’ll be able to find out if your insurance covers hearing aids by reviewing your current plan. You might also have the option of adding on hearing aid coverage.
If you’re interested in seeing if your plan will cover the cost of hearing aids, contacting your insurance company is a good first step. You can also call our office—depending on what type of insurance you have; we might be able to tell you about your coverage.
We’re Here to Help
Whether you have questions about financing or private insurance, we have answers. We’re eager to partner with you as you seek treatment for hearing loss. We don’t want funding to be a barrier.
Call Ear, Nose & Throat Consultants for more information or to schedule an appointment.