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Hearing Aid Prices Under Pressure from Consumer Electronics

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Mon, 05/02/2016
The cost of hearing aids has long been a major issue for those with hearing loss, especially given the lack of coverage by most insurance companies. Hearing aid cost can be a significant deterrent for people who want to seek help for their hearing loss. As a result, the consumer electronics industry has become more involved in this.  We are seeing a variety of lower cost products such as PSAPs (Personal Sound Amplification Devices) frequently coming on the market.
 
A recent NY Times article discusses this issue in depth, and also discusses how the entire system for delivering hearing aids must change.
 

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