Affording Hearing Aids: Financing Options to explore for buying Hearing Aids

Hearing aids are a useful tool for those who have inner ear damage resulting in hearing loss. This damage can be caused by a variety of factors such as congenital conditions, diseases, accidents, exposure to loud noises, aging, or as a side effect of certain medications. The problems can be with the eardrums, ear canal, or the middle ear. This can be easily assessed by an ENT (ear, nose & throat) specialist, after which the appropriate hearing aid(s) can be chosen to suit the individual’s needs. However, not all patients are able to benefit from hearing aids because of their affordability.

When it comes to cost, hearing aids can be quite expensive in India. Prices can range from Rs. 11,000 to as much as Rs. 3.25 lakhs (with some high-end products even costing as high as Rs. 7 lakhs) depending on the extent of hearing loss, age, if the device is needed for one ear or both, and the type of hearing aid device chosen. According to WHO, 63 million people in India suffer from hearing impairment of which children make a large percentage. However, a very small fraction of this number can afford hearing aids.

So, the question that might arise in your mind is –

How do I fund my hearing aid?

Unfortunately, hearing aids are not covered under health insurance plans. However, you might not necessarily have to incur all the expenses out of your own pocket.

For Central Government and Delhi Government employees

There are schemes extended by the respective governments to help their employees avail of hearing aids at a lesser cost. You need to first make the purchase yourself, however, you can furnish certain details (such as the invoice that you will get from us) and complete certain procedures, post which, you can avail of disbursement of between Rs. 16,000-18,000. For most people, this reimbursement will amount to nearly 70% of their hearing aid cost.

Sound Rich Hearing Offers

Hearing aids are expensive, and also, easy to misplace or damage in the course of daily life. To have to buy a replacement will therefore, not be a pleasant circumstance.

To help you deal with such unfortunate situations, we extend support from our side.

Loss of Hearing Aid – In case you lose your hearing aid, we offer you up to a discount for the purchase of a new hearing aid.*

Damage due to Usage – In case your hearing aid gets damaged, we would replace it with another hearing aid at a certain discount.*

*Terms and Conditions Apply

In addition, in case you feel that purchasing hearing aids will be too expensive as a one-time cost, we offer you EMI options at competitive interest rates through tie-ups with various financing institutions. All you have to do is to connect with us or walk into one of our outlets, and we will guide you through the documentation procedure.

As hearing loss can greatly impact a person’s ability to function normally and lead a fulfilling life, access to appropriate hearing aids is crucial if one suffers from impaired hearing. If you have elderly family members or loved ones to care for, you would surely want to consider exploring the above-mentioned options that would help in navigating the cost of hearing aids. This can save significant costs in the future and provide peace of mind for those in need of these devices.