Hearing Aids give a new makeover to your ears. Hearing losses or other hearing-related problems are ordinary nowadays. Hearing loss becomes extremely common as you age, especially after crossing your 60’s. Researchers say those hearing losses have a direct connection with your education, sex, noise, genetics, race, and age. Undoubtedly, the Hearing Aid in Mumbai with prices is generally labeled directly on a higher note. It is one of the most significant barriers to purchasing it.

Reasons for Hearing Aids being costly

Valuable things that provide you with life are always costly! Nothing comes free with the manufacture of a single piece of Hearing Aid; a lot of time, effort, and mastery of the audiologist sink in it. We have mentioned some apparent reasons for its higher cost –

• Research and Development

The pricing of hearing aids is always kept high because rigorous research has gone into developing them. As per the American Association of Retired Persons, the total expense to do hearing aid research & study is almost 40% of the total cost. The manufacturing cost is generally 10%, and research costing goes up to 30%. So, for example, a hearing aid costing $3500 might have a $1050 price for the research that went into it, and the rest $350 is only the material cost.

• Value of the product 

The listed price is generally ten times higher than its manufacturing price. The overall development of hearing aid costs only between $100 to $300 for companies. But the price at which they sell it is between $2400 to $5000. Charges are high, and the value they create in the life of a person is also high.

• High-end technology 

The more advanced features a hearing aid possesses, the higher it will cost than the regular price. High-end technologies make the prices go higher instantly. These privileges include Wellness monitoring, Tinnitus masking, waterproofing, wireless Bluetooth connector, Smartphone connectivity, etc.

• Audiology Fees

The central part of the cost is visiting an audiologist whose fees are almost 60% of the total expenses. They keep practically 9% of the total profit. After adding tax, it goes up to 11% as well. The doctor’s fees also vary based on their expertise, locations, and overall clinic reputation. For example, if the cost for a hearing aid is $3500, the audiologist’s profit will be around $325.5.

• Additional Services 

The additional service can charge you extra than the actual hearing aid cost. It includes different hearing aid costs, including adjustments, accessories, consultation, fitting, drying kits, batteries, return policy and replacement warranties.

Tips for Affording Hearing Aid

We understand the pain of purchasing hearing aids at higher price points. Kindly follow the tips so that hearing aids can become easily affordable to you. 

• You can buy hearing aids from online platforms like us. It will help you in cutting the middleman costing, and you shall receive heavy discounts as well. 
• You can purchase the essential hearing aid products rather than going for a bundle pack of hearing aids. That stuff and add ons included in it, like extra services or any unneeded features, will cost you higher than the original price. Check what you need, and mainly go for that only. 
• I prefer paying for hearing aids through Medical Credit Cards. For example, CareCredit. 
• The best alternative is to purchase the hearing aids on EMI’s, I.e., monthly payment options. It is to choose if you are a salaried person. 
• You can also go to local agencies for fund collection to purchase your hearing aids set. 

We are one of the top-rated hearing aids stores in India. It makes the hearing aids available at your door at Affordable Prices. Our strategy is to chop the overhead cost & middleman cost, such that anybody can purchase the hearing aids at almost 90% lesser price points. The best part is that by availing of the hearing aids from us, you won’t have to compromise on its quality or durability factor. We deeply analyze your hearing loss problem and suggest the most appropriate hearing aids at reasonable prices. You shall contact us today for a free quote based on your requirements.