Tag: accessibility and affordability

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FDA Proposed Rules for OTC Hearing Aids Extend Beyond OTC

The 114-page rules document published today in the Federal Register covers most aspects related to OTC hearing aid manufacturing, electroacoustic requirements, packaging and labeling, returns, and conditions for sale. In an effort to promote more consistency in the regulations and enforcement of hearing aid manufacturing and distribution, the FDA is also proposing several important changes that could affect the industry and state-wide hearing aid dispensing.

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Perspectives on Paying for Hearing Aids and Audiological Services

Increasingly, consumers would rather pay for expensive goods and services with a series of loans, so they can stick to their budget and easily see what they owe. One may be for hearing aids, another for the car, making it easy to see how much money is going out. Many of these loans are low-interest and some may even be no-interest, ultimately adding value to the hearing care practice and potentially attracting many more patients.

Staff Standpoint: The Invisible Hand

The fourth quarter (Q4) of 2015 marked strong growth for the private sector, with an 8.2% increase in sales compared to Q4 2014. The VA increased its dispensing activity by 2.3%. Total hearing aid unit sales grew by 7.0% in Q4 2015. What is not known is how much private sector growth can be attributed to the market gains of low-cost retailers like Costco.

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Tuesday: Institute of Medicine’s 2nd Meeting on Accessible and Affordable Hearing Care

The Institute of Medicine (IOM) and its Committee on Accessible and Affordable Hearing Health Care for Adults will hold its second of three public meetings on Tuesday, June 30. The IOM meetings will culminate in a consensus report that may provide context for future top-down governmental responses and influence decisions related to affordability and accessibility of hearing aids, PSAPs, tinnitus devices, and hearing care services.

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Tuesday: Institute of Medicine's 2nd Meeting on Accessible and Affordable Hearing Care

The Institute of Medicine (IOM) and its Committee on Accessible and Affordable Hearing Health Care for Adults will hold its second of three public meetings on Tuesday, June 30. The IOM meetings will culminate in a consensus report that may provide context for future top-down governmental responses and influence decisions related to affordability and accessibility of hearing aids, PSAPs, tinnitus devices, and hearing care services.

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