The cost of a hearing aid can vary greatly depending on whether you choose an over-the-counter (OTC) or prescription option. Prescription hearing aids can be quite expensive, with an average cost of $2,000 to $8,000. OTC devices can also add up, with the most highly rated ones costing around $800 to $2,000 for a pair. However, it is important to note that cheaper OTC devices, typically priced at $100 or less, may not effectively treat hearing loss.
Fortunately, there are ways to manage the high cost of a hearing aid. Many reputable hearing aid companies offer financing options, allowing you to pay for the device over time. Additionally, if you are over the age of 65, you may qualify for a Medicare Advantage Plan that includes hearing benefits. Some private insurance plans may also offer hearing coverage as a supplemental benefit. Medicaid and VA benefits may also cover the cost of hearing aids in certain cases. Some state governments also offer programs to help with the cost of hearing aids.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
