Why are most Hearing Aids so expensive?

Hearing Aids

Has the Audiologists’ Lobbying Paid Off? 

Hearing aids have been very expensive and hard to get since 1977, when the U.S. Food and Drug Administration (FDA) enacted its Hearing Aid Rule. This rule required consumers see a doctor before buying a hearing aid.

This rule was the direct result of testimony from “audiologists.”  These hearing aid providers warned that consumers would otherwise waste money on hearing aids when their hearing loss actually stemmed from a medical condition such as acoustical nerve tumors, infections, and plain old wax buildup.

This rule gave the traditional hearing aid providers a virtual monopoly on hearing aid sales eliminating competition and driving up prices.

Luckily the FDA also created an exception: Adults could bypass a doctor if they signed a waiver acknowledging the dangers of skipping a medical evaluation.  This exception now allows price savvy consumers to purchase hearing aids at drastically reduced prices.

At Hear-Better.Com our goal is to provide quality hearing aids at reasonable prices and if our hearing aids do not help you, just return them for a full refund.

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2 thoughts on “Why are most Hearing Aids so expensive?

  1. My friend is suffering from hearing impairment and initially he was hesitant to buy hearing aids, neither an analog one nor a digital hearing aid. I took a lot of initiative and learnt a lot about hearing aids in order to help him. Finally he agreed to go for digital hearing aids. I explained to him that though they are expensive, hearing aids are worthy investment in life. Now I can see that his life has changed a lot, improved in a lot of ways. He is enjoying each and every moment of his life. Thanks for the post.

  2. There are several reasons for why hearing aids are so expensive:
    – Retailer/Audiologist markups: hearing aids come with a service component (testing, fitting, advising, etc.)… which is baked into the price of the product
    – Sales volumes per clinic are very low and thus the price tag needs to cover the high relative overhead/fixed costs
    – Lack of competition from other channels: 2/3 of the market is still dominated by mom + pop clinics that benefit from hermetic state regulation

    For more information, this article is pretty good:
    http://www.audicus.com/blog/2011/hearing-aid-price-bubble/

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