What Costs Do I Need to Consider When Buying Hearing Aids?

Hearing aids come in a wide range of styles and technology levels to fit every budget. Entry-level hearing aids at a professional practice such as Associated Audiologists should cost approximately $675 each. Keep in mind that similar to computer or cell phone technology, today’s mid-level hearing aids were considered top-of-the-line five to seven years ago. That means entry or mid-level technology that is well-programmed by a doctoral-level audiologist using real-ear verification can offer you a significant improvement in your hearing and may meet your needs.

Mid-level hearing aids with more sophisticated features typically run $1,500 to $1,900 each. These hearing aids can offer faster digital processing and are programmable for the environments where you frequently have more problems hearing, like in restaurants or on the golf course. Other accessories, such as streamers, can help improve talking on the phone or listening to the television.

Premium hearing aids offer the most advanced technology and run approximately $2,600 to $2,800 each, or $5,400 for a pair. These hearing aids may utilize built-in Bluetooth technology to stream phone calls and television programs directly to your hearing aids. Some feature applications that use machine learning or artificial intelligence, and which learn the settings you prefer in specific environments, then automatically switch to those whenever you enter that location. Often, most of these hearing aids have features that are accessible when paired with a smartphone.

Consider the Level of Service

The audiologist you choose to work with should discuss your budget and goals, as well as provide you with a written estimate of their recommendations. One of the trade-offs between entry-level and premium-level hearing aids, for example, maybe the level of service included. Entry-level hearing aids may not include additional adjustments or follow-up appointments. These are paid for as separate office visits when needed, while premium technology may include warranties and follow-up appointments for check-ups, adjustments and monitoring your hearing for the first year.

Health Insurance May Help Cover Costs

If you have health insurance other than Medicare, you may have hearing aid coverage that could help with the costs. Ask if the practice you are seeing will investigate whether or not your particular plan has coverage and will help you understand and coordinate any possible benefits. Associated Audiologists provides this service. In some cases, insurance benefits can be matched if they aren’t on a contract or if the insurance benefit or third-party administrator is not in-network.

Financing Can Make Hearing Aids More Affordable

And finally, ask about financing options for individuals who qualify. Many practices offer CareCredit or Wells Fargo, plus they often accept major credit cards as payment. For those who do not have the financial resources to cover the cost of new hearing aids, ask about the possibility of purchasing refurbished hearing aids. The bottom line, hearing aids come in a wide range of prices and styles for every budget and lifestyle.

Associated Audiologists has experts who can check to see if your insurance helps cover the cost of hearing aids, and how much it covers. We can provide you with hearing aid estimates and can explain your benefits and discuss financing options. Schedule an appointment today to talk about hearing aids with one of our doctoral-level audiologists.