Hearing Aids Cost & Pricing Models | Miracle-Ear (2024)

Financing and insurance options

Recognizing the critical role hearing plays in overall health, many health insurance companies now provide benefits on hearing aids and services. At Miracle-Ear, we accept most major insurance plans at our 1,500 locations, and financing options are available for those seeking the right hearing solution within their budget.

Does insurance cover the cost of hearing aids?

Manyhealth insurancecompanies recognize that hearing is important to your overall health, and now provide hearing care benefits to their members. Hearing care benefits can cover up to100%of the cost of hearing aids and services. Your employer benefit packages may also include anFSA(Flexible Spending Account) orHSA(Health Savings Account) that allow you to save up to $2,500 tax-free each year for healthcare costs such as hearing aids.

At Miracle-Ear, we accept most major insurance plans at many ofour 1,500 locations. With so many plans and carriers, we recommend calling the location near you to verify your coverage and get answers for any questions you may have.

If we do not accept your insurance, not to worry, we will never let you go without the care that you may need.

Is financing available for hearing aids?

It’s important that together we find the right hearing solution for your specific needs. We offerhearing aids for every budget, and financing options are available at many of our locations. Certain credit companies also specialize in healthcare financing. Ask if your hearing care professional accepts or can recommend credit options like CareCredit or Wells Fargo Health Advantage.

In addition, the Miracle-Ear Foundation® is designed to support underserved Americans with a limited income and no other resources for hearing aids, such as insurance, Medicaid, VA, or other state or federal programs. Learn if you’re eligible for theMiracle-Ear Foundation.

Out of 48 million Americans experiencing some degree of hearing loss, nearly 75% put off getting help. At Miracle-Ear, we believe in making hearing care affordable and accessible even if you don't have hearing aid insurance. That’s why we offer hearing solutions tofit every budget.

What services are included in the cost of Miracle-Ear hearing aids?

Miracle-Ear offers a range of services and benefits with their hearing aids, including:

1. Custom hearing aid fitting to ensure optimal comfort and performance for every user.

2. Regular hearing aid cleanings to maintain device functionality and longevity.

3. Free lifetime service and aftercare to provide ongoing support and assistance for users.

4. Battery replacement services to ensure your hearing aids continue to operate reliably when the batteries run out.

5. Repair services for damaged or malfunctioning hearing aids.

Please note the availability and details of these services may vary depending on your Miracle-Ear location and your hearing aid model. Contact your local Miracle-Ear for precise information on the services included with your hearing aid purchase.

Hearing aids different price ranges

We offer a diverse range of hearing aids delivering to the unique needs of our patients, which is why there's a variance in our hearing aid price range. Our commitment to enhancing your hearing experience is reflected in the options provided. The cost of hearing aids varies due to technology levels, design choices and added features, offering you the freedom to select what best suits your budget and lifestyle. Our premium Miracle-Ear hearing aids offer advanced sound quality, wireless connectivity, and lifetime service and aftercare. Specialized options such as tinnitus management and water resistance are also available. We prioritize transparency and encourage you to consult with your local Miracle-Ear hearing care specialist to find your ideal hearing aid solution.

How Much Do the Different Types of Hearing Aids Cost?

The cost of hearing aids can vary among different styles, such as In-the-ear (ITE), Competely-in-canal (CIC), Receiver-in-canal (RIC), and Behind-the-ear (BTE) hearing aids. While it's important to note pricing is based on technology and additional features, here's general overview of the cost trends for these hearing aid styles:

1. BTE hearing aids price: BTE hearing aids are often on the higher end of the price spectrum due to their versatility and advanced technology. These devices are powerful and capable of accomodating many features, including wireless connectivity and powerful sound processing. *On average, BTE hearing aids can range from $1,000 to $4,000 per ear.

2. RIC hearing aids price: RIC hearing aidss are known for their discreet design and advanced technology. They are typically priced lower thhan traditional BTE hearing aids, while still offering advanced features. *On average, RIC hearing aids range from $1,200 to $3,500 per ear.

3. ITE hearing aid prices: ITC hearing aids are custom-fit and fit inside the ear. Due to their size, they are typically less expensive than BTE and RIC hearing aids and offer fewer advanced features. *ITE hearing aids can range from $800 to $1,300 per ear.

What factors should you consider when choosing your hearing aid price range?

When considering a hearing aid, it's important to understand the most expensive option doesn't always equate to the best choice for every individual. The selection process should revolve around a thorough evaluation of your lifestyle, specific needs and preferences.

Your hearing aid/s should align with your lifestyle and comfort, level of social engagement, type and level of hearing loss, desired level of technology, and of course, your budget. While advanced digital hearing aids with the latest technology might come at a higher price, it's essential to strike a balance that ensures your hearing aids suit your hearing needs and financial considerations. Miracle-Ear offers a variety of options and experienced hearing care professionals to guide you in making the best choices.

Hearing Aids Cost & Pricing Models | Miracle-Ear (2024)

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