Why Do Hearing Aids Cost So Much?

If you needed glasses, would you leave the condition untreated? Probably not. Hearing loss is another popular public health issue, but the AARP Hearing Center states that it’s often ignored. Did you know that the average markup for a pair of $3,600 hearing aids is approximately $2,000? The Elevated Hearing team is committed to challenging the status quo that hearing aids must be inaccessibly expensive.

uq0a8343.jpgTechnological advancements like smartphones, tablets, and laptops are subject to threatening, autonomous competition that helps keep costs down for consumers. Most hearing aids are manufactured by the same company and sold by a bevy of businesses that set retail markups without fear that someone else is offering a comparable product cheaper.

The R&D, marketing, and production costs stay low to keep the manufacturers happy and the profits run high to satisfy the sellers. But consumers with hearing loss end up suffering as they are barred from benefiting off this cycle of greed. After learning these facts, it’s easy to wonder, “Who is fighting for me?”

U.S. Senators Elizabeth Warren and Chuck Grassley have spoken out against the threat of “burdensome requirements” that create barriers for consumers who could benefit from simple hearing aids. The duo has plans to increase convenience with their Over-the-Counter Hearing Aid Act of 2016. Grassley preaches, “If you can buy non-prescription reading glasses over-the-counter, it makes sense that you should be able to buy basic, safe hearing aids, too.”

elevated-hearing-logo.pngElevated Hearing is also on your side. The Elevated Hearing group of audiologists and hearing insiders work to create innovative hearing instruments at the lowest possible price. Our unique sourcing partnership with American hearing aid manufacturers helps us continue to achieve its goal of providing people like you with the hearing instruments you need at the prices you deserve. 

Contact Elevated Hearing today to learn even more about the eRITE™ hearing aid device revolution!

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