Since hearing aids are medical devices, they may qualify for tax deductions based on an individual’s income for a given tax year. Before making any tax filing decisions, please consult a professional tax preparer. Medical deductions exist to aid taxpayers facing significant medical costs in a tax year. Historically, the threshold for claiming a medical… Continue reading Are Hearing Aids Tax Deductible?
Tag: hearing aids coverage
The Difference Between Personal Sound Amplifiers and Hearing Aids
Personal Sound Amplifiers (PSAPs) have been gaining popularity lately as a potential lower-cost alternative to a standard hearing aid. Most hearing healthcare providers acknowledge that lower-cost (or better health insurance coverage!) options are critical to improving adoption of hearing aid devices to improve quality of life for their patients. However, PSAPs are not hearing aids… Continue reading The Difference Between Personal Sound Amplifiers and Hearing Aids
Why Hearing Aids Sometimes aren't Covered by Insurance
Hearing loss is one of the top three global health issues with 360 million people affected, yet only 25% of those people seek treatment. The most commonly cited obstacle to treatment is cost. Hearing aids can be expensive (but don’t have to be), and the fact is, most insurance companies do not cover them. Currently,… Continue reading Why Hearing Aids Sometimes aren't Covered by Insurance