Hearing aids range significantly in cost, starting from about $1,000 and going up to as much as $6,000. Often, the costs include hearing tests, follow-ups, and ongoing support from healthcare professionals, including audiologists.
According to the National Institute on Deafness and Other Communication Disorders (NIDCD), about 15% of adults in the United States have some level of hearing loss.
Hearing aids can be costly, but many hearing aid manufacturers cater to people with different budgets by offering models that vary in performance, features, and price.
In some cases, people may be able to get help with the costs associated with hearing aids. For instance, some insurance plans may cover some or all of the expenses.
Hearing aids, which people typically wear inside the ear, can significantly help those with hearing loss. The hearing aid magnifies sound vibrations, making a person’s sensory cells better able to detect them and helping the person hear more clearly.
Although hearing aids cannot cure deafness, they can make a person’s life easier to manage. Despite this, the NIDCD report that only 25% of people who could benefit from a hearing aid have ever used one.
Hearing aids vary in price. In the U.S., they can range from about $1,000 to more than $6,000, but the average cost is close to $2,500.
Companies often sell hearing aids as part of a bundle that can include:
- the hearing aid
- any necessary hearing tests
- the fitting of the hearing aid
- further adjustments to the hearing aid
- routine cleaning
To help save on costs, some companies allow a person to purchase a hearing aid with a reduced number of benefits in their bundle or only pay for the product itself.
According to one study, people with hearing loss are
The main factor influencing the price of a hearing aid is the technology that it uses. Over time, consumer electronics and technology have become more advanced, with the prices of products coming down.
However, the price of hearing aids has seemingly stayed level, which could be due to the advancement of the technology and included features over just a few years.
Most health insurance policies do not cover hearing aids or the cost of examinations for fitting them.
However, some insurance plans, such as Medicare Advantage, offer optional hearing benefits at an additional cost. These plans often include coverage for hearing tests and hearing aid fittings, as well as for the device itself.
Original Medicare does not cover the cost of hearing aid devices or routine hearing tests. However, the plans do cover a hearing-and-balance examination from Medicare’s Part B benefits if a doctor says that it is medically necessary. These exams can show whether a person needs medical treatment.
Individuals can check their health insurance plan documents to see whether their plan covers a hearing aid.
Healthcare plans that do include benefits for hearing aids may vary in terms of the coverage, which may include:
- coverage of the partial costs of a hearing aid up to a set amount
- coverage of the entire amount or a set amount per ear
- coverage of the partial cost of a hearing aid when a person purchases it from a specific healthcare provider
- a discount on hearing aids from specific healthcare providers
If a person’s healthcare insurance does not cover the cost of a hearing aid, they can consider other options to help with expenses.
Most hearing aid manufacturers offer finance plans. These are often flexible and allow a person to pay for their hearing aid over time. Typically, these payment plans run over 12–60 months.
A person can speak with their audiology specialist regarding finance options. Some companies may offer a payment plan with very low, or sometimes no, interest.
The Hearing Industries Association offer a helpful guide to finance options for hearing aids. Some of the companies that can assist include:
A person may purchase a hearing aid using their employee health benefits. Some employers have health benefits that include a flexible spending account (FSA).
An FSA allows a person to set aside some money during the year to pay for prescription medications and other eligible healthcare costs.
Many FSAs do cover hearing aid purchases, exams, and maintenance costs, but individuals should check their available benefits with their employer.
Refurbished hearing aids
A person may sometimes purchase a refurbished hearing aid that someone donated to their local hearing center. These reconditioned hearing aids are often more affordable.
Hearing aids are an effective method for improving a person’s hearing and helping them communicate. They often have high costs due to their advanced technology, with prices ranging from about $1,000 to close to $6,000.
Most health insurance plans do not cover hearing aids or the associated hearing exams. However, some insurance companies offer additional benefits that a person may wish to purchase. These options often include specific terms, including the use of in-network healthcare providers.
A person may save money by purchasing a refurbished hearing aid or using their employee benefits.