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Hearing Aids: What's Behind the Price?

Written by OrkaMar 02, 2021 - 5 min read

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‘You can never put a price on your health.’ Sadly, this quote doesn’t hold some truth to it. Even though matters regarding our health are priceless, hearing aids are certainly not. If you’ve ever gone through the process of getting hearing aids, you can bear witness that the bill can be a little bit crazy.

How Much do Hearing Aids Cost?

According to a report from the President’s Council of Advisors on Science and Technology (PCAST), one hearing aid costs approximately $2,300. Therefore, you can spend a little over $5,000 on a pair of hearing aids. Expensive right? To make matters worse, most health insurance plans do not cover hearing aids. This explains why, despite many people suffering from hearing loss, hearing aid users are still very few.

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Are you thinking about getting hearing aids but the price is ridiculously expensive? Get Orka hearing aids at an affordable price!

So why are Traditional Hearing Aids so Expensive?

  • Costs of Maintaining a Clinic
  • Maintaining a medical facility is expensive, reimbursing audiologists, clinic staff, rent of the facility, to purchasing test equipment, the list is endless. Since customer turnover in most clinics is relatively low, the prices have to increase for the clinic to cover their operational costs.

  • Middleman Costs
  • The market is dominated by only a handful of manufacturers, who do not sell directly to consumers. This means there these hearing aids go through many channels, middlemen, fees and overhead before they reach consumers' hands.

  • Lack of Insurance Coverage
  • Since insurance doesn’t cover most hearing aids, users are forced to dig into their pockets. Before purchasing hearing aids, you have to undergo hearing tests. Professional audiologists with specific equipment perform the tests.

Are There Affordable Hearing Aids?

Online service providers have made it possible for hearing aids to be available at an affordable price by selling directly to consumers! You can purchase hearing aids for less than half the cost you would pay if you bought the device from a clinic or an audiologist's office.

Online companies don’t have to pay rental fees and other incurred costs of operating a physical clinic. Thus, low operating expenses equals lower prices.

Orka’s primary focus is to offer customers value for money by offering hearing aids that are 80% lower than hearing aids with similar technologies on the market by cutting out the middlemen and bringing hearing aids directly to you.

Does Price Reflect on the Quality of Hearing Aids?

We often mistake high pricing for quality. Some of the best hearing aids are expensive because of features, but this isn’t always the case.

Some in-person clinics pass off the latest hearing aids as the best. It is easier to convince a customer that the new arrivals are of high quality since the packaging’s manufacturing date is labeled as 2020. However, you can often get great devices with advanced technological features in the middle price range that will perfectly suit your needs.

Alternatively, you can opt for online service providers like Orka, offering hearing aids with top-notch features at 20% of the cost.

Main Takeaway

At the end of the day, ensure that you select hearing aids for your budget, personal preferences, and lifestyle. Not all hearing aids are overpriced. Thanks to online service providers, you can get a pair of quality hearing aids with modern features for a third of the ‘normal’ price. Orka is driven by its passion to help as many people with hearing challenges in the world as possible.

All content and information on this website is for informal and educational purposes only, nothing contained herein shall constitute medical advice, and does not establish any patient-client relationship by your use and access of this blog.
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