HLAA Reaffirms Support of Over-the-Counter Hearing Aid Act of 2017 as Congressional Vote Nears
The bipartisan legislation introduced on
The Over-the-Counter Hearing Aid Act is important to consumers because:
- Approximately 30 million Americans could benefit from hearing aids, yet only about 14 percent use them, often citing high cost as the reason – hearing aids currently cost an average of
$2400 each. Many consumers with mild to moderate hearing loss who could benefit from hearing aids are not taking steps to get hearing help. - The top six hearing aid manufacturers account for 98 percent of all hearing aid sales (and only one of those companies is
U.S. -based). Those in opposition to the bill, in effect, are willing to sacrifice innovation and patient choice to protect the status quo. - Innovation is pushing its way into the hearing health care market and has the potential to create more variety and better products. Competition from prospective companies, who have essentially been prevented from entering the market due to strict regulations and the current structure, has the potential to drive down cost for not only OTC hearing aids, but for all hearing aids.
- According to census data, there are fewer than 20,000 hearing aid dispensing professionals in the
U.S. There simply are not enough hearing health care professionals to care for 48 million people with hearing loss. People in rural areas and nursing homes are often left behind.
Over-the-counter hearing aids will encourage more people to make hearing health a priority, which includes screening and testing. Hearing health is not prioritized to the same degree that vision and dental health are, despite the high risks associated with untreated hearing loss. In fact, most physicians do not include hearing screening or hearing testing in their annual, preventive care visits. Further, hearing aids are not covered under Medicare or by most private insurers.
HLAA Executive Director
HLAA is in full support of the Over-the-Counter Hearing Aid Act of 2017 as it will transform the face of hearing health care as we know it – all to the benefit of the consumer. It is truly an idea whose time has come.
About
View source version on businesswire.com: http://www.businesswire.com/news/home/20170614006020/en/
Hearing Loss Association of America (HLAA)
301-657-2248
[email protected]
Source: Hearing Loss Association of America (HLAA)


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