Rep. Kaptur Cosponsors Medicare Hearing Aid Coverage Act
Targeted News Service (Press Releases)
WASHINGTON, Aug. 4 -- Rep. Marcy Kaptur, D-Ohio, issued the following news release:
Congresswoman Marcy Kaptur (OH-09), signed as an original cosponsor of the Medicare Hearing Aid Coverage Act of 2017, H.R. 3426. The bill would expand Medicare coverage to include hearing aids. Hearing loss is the third most prevalent chronic condition in the United States, but the majority of seniors who need hearing aids are not able to afford them. Medicare does not currently cover hearing aids, which can cost upwards of $3,000.
"Millions of Americans suffer from hearing loss and as part of the commitment to Medicare, Congress should require coverage of hearing aids to assist seniors with the soaring costs of these essential devices," said Kaptur. "Along with finding ways to lower prescription drug prices, this is one idea where I hope both parties can agree. So, let's get to work."
More about the bill:
Hearing loss affects nearly 48 million Americans and, left untreated, has serious emotional, social and medical consequences for older adults. Research has shown older adults with hearing loss are 32 percent more likely to require hospitalization, face a 24 percent increased risk for cognitive impairment and increasingly suffer from isolation and depression.
The bill also directs the Government Accountability Office (GAO) to conduct a study on insurance programs that provide services to help with hearing loss.
The Medicare Hearing Aid Coverage Act is cosponsored by Reps. Rosa DeLauro (CT-03, Derek Kilmer (WA-06), Doris Matsui (CA-06), Betty McCollum (MN-04), Kathleen Rice (NY-04), Jan Schakowsky (IL-09) and Louise Slaughter (NY-25).
Sen. Baldwin Introduces Legislation to Give Wisconsinites the Choice to Buy Into Medicare at 55
Menendez, Booker, MacArthur, Pascrell, LoBiondo Applaud Continuation of Medicare Policy to Benefit NJ Hospitals, Ensure Patients Greater Access to Care
Advisor News
- U.S. debt hits $40 trillion: how to support concerned clients
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
More Advisor NewsAnnuity News
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
More Annuity NewsHealth/Employee Benefits News
Life Insurance News