Hearing Blog

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Why Are Hearing Aids So Expensive?

There is no doubt about it, hearing aids are pricey. The average cost for a pair of adult prescription hearing aids ranges from $2K-$7K. Keep reading to learn more about why hearing aids cost as much as they do.

An Investment in Hearing Aids

Yes, the cost of hearing aids can be a costly one-time payment, however, most hearing aids will last about 10 years. When compared to the cost of a daily Starbucks coffee over 4 years (approximately $7800), hearing aids are the better investment and keep running a lot longer than a caffeine kick. Healthcare, including hearing aids, is expensive for most Americans, but investing in hearing aids is cost-efficient for your long-term health.

Choosing not to buy hearing aids because of their expense may cost you more than you think. Being engaged in conversations, hearing the radio or TV clearly so you can enjoy it, not missing important information from a doctor, or just for your overall safety, hearing well is so important!

Before making up your mind about hearing aids based on the cost, it is important to consider why hearing aids cost as much as they do. You may be surprised to find out that the cost associated with hearing aids is based on some very beneficial attributes.

Reasons Why Hearing Aids Are Expensive

The cost of hearing aids is not arbitrary, it is based on some very crucial elements that hearing aids provide. Years ago, the research and development on hearing aids was not a priority in the healthcare arena. Today, hundreds of millions of dollars a year are spent on research and development as more and more adults are diagnosed with hearing problems.

In addition to the R&D in the hearing aid industry, many other reasons account for the cost of hearing aids. These reasons include:

  • Customization: Each person’s hearing loss is unique which requires personalized fittings and appointments with an audiologist or hearing care professional. Getting the right hearing aid is just as important as finding the right pair of running shoes. The fit matters! An ill-fitting hearing aid isn’t going to give you any benefits because you won’t want to use it.
  • Advanced technology: Hearing aids are basically miniature computers with complex microphones and processors. They must be tested in a number of different environments to make sure the final product is as close to natural hearing as possible. This all costs money to accomplish and get right.
  • Small market: Although the number of hearing aids purchased each year in the United States is growing, the number of hearing aids purchased annually is on average about 2-3 million. That may sound like a lot, but compared to the number of iPhones purchased annually in the US—124 million!—the number is small.

When combined with the high cost of research and development spent on hearing aids annually, the small market for those hearing aids results in a high price. The good news is that technology costs decrease over time, what was considered top-of-the-line two years ago is basic technology now.

There are valid reasons for the cost of hearing aids. Hearing aids are an important investment in your quality of life. If you think you’re in need of a hearing aid, make an appointment with a hearing care professional, like those at Hearing Solution Centers.

What About Cheap Hearing Aids?

While it is true that cheaper, over-the-counter (OTC) hearing aids exist, buying them is not recommended. In general, over-the-counter hearing aids take a “one size fits all” approach. There isn’t much attention paid to a patient’s unique hearing loss, and sometimes these types of hearing aids can do more harm than good.

Things to consider when thinking about purchasing OTC hearing aids:

  • Not suitable for all levels of hearing loss: These types of hearing aids may not be powerful enough to treat your degree of hearing loss.
  • Limited Functionality: OTC hearing aids do not offer advanced technology features like background noise cancellation, or Bluetooth compatibility. This can make hearing even more frustrating.
  • No Professional Support: Without the help of a hearing specialist, you miss out on a crucial professional evaluation of your hearing. A hearing care professional can diagnose the cause and type of your hearing loss and recommend the best hearing aid for your condition.

Seeking the help of a hearing professional is highly recommended if you are experiencing any hearing issues. Getting a hearing evaluation and correct diagnosis is imperative to finding the correct hearing aid for you.

Seek Out a Professional Hearing Care Provider

If you are experiencing hearing loss or think you may have a hearing problem, seek the help of a professional hearing care provider. The team at Hearing Solution Centers can assist you with an evaluation and explain in detail if there are any issues. Finding and fitting the right hearing aid for your hearing needs is always a priority, as well as continued care as you navigate the process of improving your hearing.

Reach out to Hearing Solution Centers to improve your hearing today!

Request an Appointment

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