When faced with the deterioration of one’s hearing, people often start scrutinizing their Medicaid coverage. While Medicaid covers the cost of hearing tests, it does not cover the cost of hearing aids.
Medicaids view hearing aids as ‘elective’, which means that a person doesn’t have to have hearing aids, and hearing loss is not seen as a life-threatening disease – even though it can severely impact on a person’s quality of life. People who suffer from untreated loss of hearing are more likely to develop dementia, depression, and earn less in their lifetime.
Options for Hearing Aid Financing
If you need hearing aids but your Medicaid isn’t paying for them, it is time to start investigating other options:
- Supplemental Insurance
If you have supplemental insurance such as medical aid gap cover, then review your policies to find out whether hearing aids are covered in these policies. Most insurance companies and policies, however, do not cover hearing aids. There are some companies offering group insurance that may help you get a discount from certain suppliers and manufacturers.
- Check the Local VA
If you are a veteran, check with your local VA. They may be able to provide you with hearing aids at a discounted rate. The VA contracts with some hearing aid manufacturers and can often help you get high-quality hearing aids at a fraction of the cost – or sometimes even at no cost at all.
- Fund the Costs Yourself
If none of these options apply to you and you are forced to cover the cost of a hearing aid out of your own pocket, then you want to search for the best deal you can get. Brand-new hearing aids cost in the region of $3000 or more. Many manufacturers specialize in custom fittings, which will also cost an additional amount.
Your first step should be to book an appointment with a hearing evaluation service provider. Book an appointment at the Chenault House of Hearing, Inc. to make the best decision for your hearing health.