MESA

(480) 725-2146

SCOTTSDALE

(480) 571-9788

MESA (480) 218-1328

SCOTTSDALE (480) 429-0026

Financial Loss & Hearing Health

 

Can Hearing Loss Cause Financial Loss?

A national study by the Better Hearing Institute (BHI) found that people with untreated hearing loss lose as much as $30,000 in income annually, depending on their degree of hearing loss. This study revealed that there is a connection between hearing loss and unemployment or partial employment. Hearing impaired individuals typically make lower wages than their counterparts as well. Hearing loss not only has a devastating effect on an individual’s quality of life; impacting their psychological, social, cognitive well-being; it also impacts financial well-being.

What Can I Do?

hearing loss can lead to financial loss

Studies show people with hearing loss typically suffer from financial loss as well. Studies also suggest a correlation between hearing loss and unemployment.

After obtaining treatment for a hearing impairment, this financial burden is substantially decreased. Overall job performance at work, the opportunity for promotion and earning power are all positively affected.

The BHI study found that the use of hearing aids reduced the risk of income loss dramatically—by 90 to 100 percent for those with milder hearing loss, and from 65 to 77 percent for those whose hearing loss was severe to moderate. The study also found that people with severe hearing loss who do use hearing aids are nearly twice as likely to be employed as their peers who do not use them. Waiting to treat your hearing loss may cause financial hardship. Call Advanced Hearing Group to schedule your exam.

Happy Patients

Hear Well. Live Well.

Will health insurance cover my hearing aids? What about ear wax removal?

Insurance covers many hearing & audiology services

Health insurance companies cover a variety of hearing aids. Since there are often specific requirements, and/or limitations on what or how much is covered, it is important to thoroughly understand what your health plan offers. It is our goal to find the type of hearing aid that is most suitable for your hearing loss. We will also help you understand your treatment options as they relate to your health insurance coverage.

Most insurance typically covers the cost of earwax removal services, with the patient paying only their standard policy deductible. However, the cost of earwax removal is not as expensive as you might think – without going through insurance, the cost of a standard earwax removal is $95.00 for either one ear or two.

We proudly contract with the insurance companies listed below. Our list is constantly growing, so check back often to see if your company is included. Alternatively, you can call us for assistance with your plan’s coverage, or to see if we contract with your insurance.

AARP / AARP Medicare Complete
ACN Connected Care
Aetna / ALL plans/ Banner
Alaska Care
Arizona Care Network (ACN)
Arizona Complete Health (AHCCCS)
Allwell Commerical / AHCCCS
Ambetter
Ameriben
American Postal Workers Union (APWU)
Arizona Health Care Cost Containment (AHCCCS)
Arizona Medical Network (AMN)
AZ Complete Health Care
Banner University Medicare Advantage (SNP)
Banner University LTC (AHCCCS)
Banner University Family Care (AHCCCS)
Beech Street
Blue Cross Blue Shield (Auth required for Banner)
Children's Rehabilitation Services (CRS)
Cigna (All Plans)
CMDP (AHCCCS)
Cofinity
Core Civic
Coventry
First Health
Fortified Provider Network (HMN)
GEHA
Gilsbar
Golden Rule
Great West Health
Health Choice (AHCCCS)
Health Choice Pathway (SNP)
Health Management Network (HMN)
Healthnet (All Plans)
Healthnet Federal Services
Health Smart
Humana (All Plans)
ICE Health Services (IHS)
Imperial Insurance
Mail Handlers Benefit Plan (MHBP)
Medicare Part B
Medicare Railroad
Magellan Complete Care
Meritain
Meritus
Mercy Care Advantage (SNP)
Mercy Care Plan (AHCCCS)
Mercy Care Group Health
Mercy Care RBHA
Mercy Maricopa Integrated
Molina Care (AHCCCS)
Multiplan/RAN
Oscar Healthcare (Cigna only)
OWCP (Workers Comp.)
Refugee Medical Asst. Program (RMAP)
Southwest Services Administrators
Tricare West Region / HNFS
Triwest / VA Community Care
United Food and Commercial Workers (UFCW)
UHC AARP Medicare Complete (Auth required for Banner)
UHC Dual Complete (SNP)
UHC Community Plan (AHCCCS)
UMR
United Mine Workers Union (UMWU)
United Healthcare (Auth required for Banner)
VA Community Care
Wellcare
Washington State Labor of Industry

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Your Audiology & Hearing Aid Provider in Scottsdale & Mesa

Financial Loss & Hearing Health was last modified: May 24th, 2023 by Olivia