Serving Patients in Oregon and Washington
Health Insurance and Hearing Aid Benefits
Although health insurance is perhaps the best way to save on the cost of hearing aids, only about 40 percent of regular health insurance plans provide $500 to $3,000 toward the cost of new devices.
Use Your Flex Account Dollars to Help Your Hearing
However, your employer may offer an FSA or HSA (flexible spending account or health spending account), which pulls money from your paycheck pre-tax and sets it aside for future medical expenses. If you take advantage of your employer’s FSA, your hearing care costs will still come out of pocket, but they will be untaxed and, therefore, will take you a little further.
If your benefits aren’t used by the end of the year, they likely won’t roll over to next year’s account. If you’ve already used your FSA funds for this year, consider what your hearing needs will be next year when you decide how much of your paycheck you’d like to reserve.
The holidays are here, which means more conversations with family and loved ones, so we’d like to invite you into our office for a free clean and check of your existing technology. While you’re here, our staff can help you determine how your insurance will affect your hearing costs. We want our patients’ holidays to be filled with the laughter and love that we all seek when the weather gets colder and our hearts get warmer — not the frustration of missing out on those special moments. We invite you to call and schedule an appointment with your audiologist to review your individual needs and to help you prepare for your holiday season, as well as the coming year.
Have you already met this year’s deductibles for your insurance plan? If so, it might be a good time to schedule an appointment to discuss your options for hearing aids with one of our audiologists. If your plan has a hearing aid benefit, the out of pocket expense can be less if your deductible has been met for the year.