If you’ve recently been diagnosed with hearing loss, there’s a good chance that getting fitted for hearing aids could be on your to-do list soon. But, if the thought of buying new hearing aids fills you with dread, don’t worry! There IS a more affordable option … hearing aid leasing.
How Much Do Hearing Aids Cost?
Before we get into specifics about how hearing aid leasing works, let’s talk about the cost of hearing aids in general. While hearing aids can range anywhere from $1,000 to $7,000 or more, there are a variety of factors that influence hearing aid cost. Perhaps the biggest factor is what features the hearing aids have. It should come as no surprise that more advanced technology comes with a higher price tag. In contrast, devices with just basic features come with a much lower price.
Ultimately, the best hearing aids are the ones that:
- Address your specific hearing loss type and severity.
- Have features that match your lifestyle.
- Fit within your budget.
How Long Do Hearing Aids Last?
Just like any other piece of technology, hearing aids do not last forever! Most last between three and seven years but can even last longer if properly cleaned and maintained.
While the devices themselves may last for several years, hearing aid technology is constantly changing. So, while you may choose a top-of-the-line model today, that same model may not be the most advanced option several years down the road.
Hearing Aid Leasing vs. Hearing Aid Purchase
Now that you know a little about how much hearing aids cost and how long they typically last, there’s an important question to answer … Should you lease your hearing aids or purchase them outright? Ultimately, only you can answer that question but let’s look at the advantages and disadvantages of each option so you can make the best decision for your situation.
Pros and Cons of Purchasing Hearing Aids:
- Pro: The devices are yours to keep. If you upgrade to a newer model, you can always use your older ones as a spare.
- Pro: Once your hearing aids are paid off, you no longer have a monthly payment.
- Con: You are responsible for all hearing aid repairs and maintenance.
- Con: You may be tempted to keep using outdated technology simply because the devices haven’t worn out yet.
Pros and Cons of Leasing Hearing Aids:
- Pro: You can continuously upgrade to new hearing aid technology as it becomes available.
- Pro: Since you are not paying for the entire cost of the hearing aids up front, there is a low cost to get started. This makes hearing aids more affordable for some people and eliminates an excuse to not get the hearing help they need.
- Pro: The hearing aid lease program may cover repairs and maintenance meaning no additional cost for you.
- Pro: If whoever is using the leased hearing aids dies during the lease, the devices can typically be returned without any burden on the family.
- Con: As long as you participate in the hearing aid leasing program, you will have a monthly payment and you will never actually own the devices.
Affordable Hearing Aid Leasing Program in Caldwell and Meridian
At Everything Hearing, we offer a hearing aid leasing program at both our Caldwell and Meridian locations. First, we recommend a complete hearing test to determine the type and severity of your hearing loss. Then, we work closely with you to find the best hearing aids to meet your specific hearing, lifestyle, and budget needs.
With 4+ decades of experience in the hearing aid industry, we know that cost is often a barrier that prevents people from getting the hearing help they need. With our affordable hearing aid leasing program, however, that barrier is removed. The program comes with a low monthly fee, built-in warranty coverage, and no interest is charged. With all of these benefits and more, being able to hear better has never been so simple or convenient!
Schedule an appointment at our Caldwell or Meridian location today and we’ll help you explore all your options so you can get on the road to better hearing!