Hearing aids are expensive. However, there are some very basic things that you can do to save money on hearing aids. These are the 6 things you can do to save money on your next hearing aid purchase.
1. Call your insurance company.
More and more insurance companies are adding coverage for hearing treatment and/or hearing aids and many insurance companies are using managed care companies to provide hearing aid discounts to their members. Just be careful with managed care; you may be able to negotiate a better price directly with a local clinic if you forego your managed care benefit.
2. Don’t upgrade your hearing aids. Get them re-calibrated.
If you think the newest hearing aids will provide you a substantially better hearing outcome, think again. People generally only notice small improvements with each new technology that hits the market. Unless there is a major feature change that would benefit you directly, changing every 1-2 years is a waste of money. Instead, focus on finding a provider that can maximize the programming of your current hearing aids as your hearing changes. This includes re-checking your hearing and re-running Real Ear Measurements (REMs). For more on this, see When to replace your hearing aids.
3. Buy lower level technology.
One of the benefits of continuous technology improvements is that older features make their way into to lower levels of technology. A well-programmed lower level set of hearing aids will mostly likely perform better than a premium level of hearing aids that aren’t programmed well (the fitting means more than the product), and premium technologies don’t always yield superior performance over basic ones.
4. Finance your hearing aids and spread your payments over time.
Not everyone has thousands of dollars laying around to spend on hearing treatment. However, nearly every hearing aid clinic you find should have some form of low-interest or no-interest patient financing to make hearing aids affordable if you’re on a budget. Also consider looking into HSA / FSA accounts for tax breaks on hearing aids.
5. Buy your hearing aids online and get them programmed by an audiologist.
If you can’t find a brick and mortar clinic that provides you an affordable hearing aid option, try checking online. While a hearing aid purchased online likely won’t give you the maximum hearing benefit, it is definitely better than nothing. You may also be able to have those hearing aids serviced by a local professional as well. If you are considering going this route, make sure you watch The 7 things you should know before buying hearing aids online, and know that some online retailers sell devices with no local face-to-face support, while others sell (often with the same pricing) the same devices with local support included. Again, the gold standard is to purchase comprehensive support and service from a local provider, typically included in a “bundled” hearing aid purchase.
6. Go to a clinic that unbundles the cost of devices from their professional services.
Unbundled clinics separate the cost of hearing aids from the costs of services. This can help to curb the upfront costs of hearing treatment and let you pay for services as you go. While you will have to pay for each visit you make to the hearing clinic, you won’t be spending money on services you never receive. See a list of hearing professionals that offer unbundling in your area.
The Bottom Line
Cost should never be a reason to forgo hearing treatment. With all the negative consequences of untreated hearing loss, you can’t afford to leave your hearing loss untreated. With these six ways to save money on hearing aids, you should be able to get hearing treatment at a price that you can afford.
Last modified: January 29, 2018