Why hearing aids are so expensive

[AJBot]

The global hearing aid market was valued at over $10 billion in 2021. Critics say the five largest manufacturers, who control 90% of the market, keep prices up. ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.

 

[HowardN]

I lost 65% of my hearing due to infections as a teenager, so at 25 I got my first hearing aid. They didn't even offer a payment plan and they're not covered by insurance, but the audiologist I went to was nice enough to let me do payments "even though we're not supposed to do this" because I literally did not have the money to pay it in full.

 

[Castelione]

Maybe hearing aids are made of expensive materials as well. There are organizations that donates cheap hearing aids and provide assistance to people who have hearing difficulties.

 

[Jonaville1]

I lost 65% of my hearing due to infections as a teenager, so at 25 I got my first hearing aid. They didn't even offer a payment plan and they're not covered by insurance, but the audiologist I went to was nice enough to let me do payments "even though we're not supposed to do this" because I literally did not have the money to pay it in full.

Sorry about that. I heard it one time from someone that infections could affect the ears but I did not believe until I had to check the internet by myself. Sorry about it.

 

[saoussen57651]

Maybe hearing aids are made of expensive materials as well. There are organizations that donates cheap hearing aids and provide assistance to people who have hearing difficulties.

This is possible that the VAT applied is very high and this is the reason behind being so expensive for the people. This is another alternative.

 

[TomasVastik]

It's crazy that you pay a lot of money for insurance, but when you need something back from them, they don't care. Hopefully I will never get into bigger problem with my health