One of the biggest barriers that keep many people from getting hearing aids when they need them is the high cost. Unfortunately, the cost of better hearing is a high one, and there’s rarely help from insurance companies. However, when you consider how much hearing aids cost, it’s important to recognize the value that hearing aids are providing that go well beyond the price tag.
What Goes into the Cost of Hearing Aids?
When you get hearing aids, you’re paying for a lot more than just the devices themselves, which is part of what drives up the price. Some of the other things that you also get with the cost of the hearing aids themselves are a hearing test, a consultation with a hearing specialist, one or more fittings as well as hearing aid adjustments, several professional cleanings, and a one- or three-year warranty for your devices. Most warranties cover all repairs and will even replace a hearing aid should you lose one.
The exact amount that you will pay varies greatly depending on where you go and which devices you need and choose. What’s important to keep in mind about the price of the devices themselves is that as technology advances and becomes more widespread, you can get a lot more for what you pay now compared to just a few years ago. In fact, many of the basic devices you can find today were the most expensive and advanced not so long ago.
Why Are Hearing Aids So Expensive?
There are a lot of things that go into creating a great hearing aid, which is the main reason these devices are so expensive beyond the cost you pay to your audiologist for helping set you up with the right one. Hearing loss and its causes must be constantly researched to find out the best way to treat it. These technologies must then be tested extensively and changed as necessary until they’re perfect.
How to Save Money on Hearing Aids
Because audiologists and hearing aid manufacturers alike want to meet all your needs – including your budget – they will have a number of options available for you to choose from. Once your level and type of hearing loss are identified, then your choices will be narrowed down and you can pick the style and price range that work for you. For people who simply want better hearing, they can usually get away with a more basic device that doesn’t have as many bells and whistles.
Another way you can save money on hearing aids that we don’t recommend is by choosing a device that’s not custom fit. These devices are usually much cheaper because they can be mass-produced and don’t require nearly as much time and work for audiologists and manufacturers to make you a custom pair of hearing aids. However, studies have shown that many people that don’t like hearing aids that are mass-produced because they tend to not be comfortable nor do they work as well.
What is the Actual Cost of Better Hearing?
Now that you know what goes into the cost of hearing aids, we’ll break down the actual dollar amount with you. Depending on what type of hearing aid you choose, you may spend between $1000 and $4000 for each hearing aid, keeping in mind that most people will need two hearing aids. Although this may sound like a lot, by breaking down the cost in months and days, you can have a better perspective on how much you’ll really be spending.
If you get a pair of hearing aids for $5000 and they last you for 5 years, that ends up being $1000 per year, $83 per month, or $2.77 per day. When you consider that the monthly amount is probably less than what you’re paying for internet and cable each month, it’s not bad at all. When you consider all the benefits of wearing hearing aids, it’s easy to see why so many people choose to wear hearing aids despite the high cost.