“There was a lot of movement in Washington, D.C. last week about making certain hearing aids more available and more affordable. First, some facts. According to statistics published recently by the White House:
- 30 million Americans suffer from hearing loss
- The average cost of a hearing aid is $2,300 – twice that for two ears
- Only 20 percent of Americans who would benefit from hearing aids have them, mostly due to the price
“The reason for the White House interest in hearing aids was this announcement last week from the Food and Drug Administration (FDA) which on 7 December
”…issued a guidance document explaining that it does not intend to enforce the requirement that individuals 18 and up receive a medical evaluation or sign a waiver prior to purchasing most hearing aids [and]
“…also announcing its commitment to consider creating a category of over-the-counter (OTC) hearing aids that could deliver new, innovative and lower-cost products to millions of consumers.”
“In addition, last week Senator Elizabeth Warren (D-Massachusetts) and Senator Chuck Grassley (R-Iowa) introduced … ” To continue reading this “As Time Goes By | What It’s really like to get old” Website post, click here.