Tag: over-the-counter hearing aid

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OTC, Hearing Aids, and Cost as a Barrier to Purchase: An Interview with Amyn M. Amlani, PhD

The argument that a new FDA class of OTC hearing aids will dramatically expand the hearing healthcare market by making hearing aids more affordable is often taken as a “given.” However, research into what economists call “price elasticity”—or how much growth occurs in terms of market penetration when the cost of a product is reduced/increased—tend to suggest otherwise when it comes to hearing aids.

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Senators Warren, Grassley Introduce OTC Hearing Aid Act of 2016

US Senators Warren and Grassley will introduce the Over-the-Counter Hearing Aid Act of 2016, which would make certain hearing aids available over the counter (OTC), removing "unnecessary" barriers for many consumers who could benefit from "simpler" devices.

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