According to The Better Hearing Institute, two out of three adults with hearing loss do not purchase hearing aids because of financial constraints. Most audiology practices now accept multiple forms of payment. Below are some ideas for how you can acquire the resources to purchase hearing instruments:
Health Insurance
More and more health insurance companies are beginning to pay a portion of hearing aid costs. Check with your insurance company to confirm the potential coverage amount. Sometimes the type of hearing instrument a plan will cover may not be suited for an individual's degree of hearing loss. Be sure to confer with your audiologist and insurance provider before confirming the amount of coverage your plan will provide.
Monthly Payments through CareCredit
CareCredit also offers interest-free financing plans. Qualified applicants can obtain a line of credit to purchase the hearing instruments and pay them off in monthly installments. CareCredit offers monthly payment options, no up-front costs, and no pre-payment penalties. Interested individuals can apply online and receive instant approval. The entire application process takes about 10 minutes.
The Better Hearing Institute also offers a free publication that features multiple programs that assist individuals with purchasing hearing aids. To access this resource, click here.
Appalachian Audiology offers multiple payment options for hearing aid purchases. For more information, visit our website!
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