Costco Kirkland Hearing Aids

Costco Quietly Launches Latest Kirkland Brand Premium Hearing Aids–at Even Lower Price Point

kirkland signature 7 hearing aids
Costco’s latest Kirkland Signature 7.0 hearing aids, made by Sivantos

ISSAQUAH, WASHINGTON — This past week, Costco quietly rolled out the latest iteration of its “Kirkland Signature” branded hearing aids in stores across the United States. As reported by HHTM in August, to the surprise of many analysts and industry insiders, GN ReSound did not have its contract renewed to become the retail giant’s Kirkland Signature brand supplier–which it had been since 2013. Instead, confirming weeks of speculation, Sivantos (formerly Siemens) is the new Kirkland Signature 7.0 hearing aid supplier. 

Furthermore, Costco has set the price at $1,699/pair, which is $100 less per pair than the previous generation of Kirkland hearing aids and well below the prevailing premium price at Costco for a pair hearing aids ($2,598/pair or $1,299 each for most premium tier devices).

 

Costco Kirkland Hearing Aid Price Cuts Continues

 

Kirkland Signature 6 hearing aid price ks6Price reduction for successive generations of Kirkland Signature hearing aids is an ongoing trend. The previous Kirkland hearing aids cost $1,799/pair — less than 3 years ago, they were $1,899/pair. 

As the biggest hearing aid provider outside of the VA, Costco’s continued price reductions have influenced the US hearing aid market. Pricing pressure, in addition to calls to lower hearing aid prices from the NAS and PCAST report, has been felt across the industry in recent years, but most substantially by small independent clinics which rely heavily on revenues generated by hearing aid sales.

Additionally, industry insiders say that there is increasing concern among major hearing aid manufacturers about a perceived shift in focus at Costco’s hearing aid centers, with more emphasis now on Kirkland-branded devices than in prior years:

 

“Costco has changed the strategy with Kirkland, they lowered the end user price by another $200 for two instruments, so they are down now from $2,000 to $1,800 for two fully fitted instruments, and that’s a brutal low price” —Sonova CEO, Lukas Braunschweiler in May 2016 Reuters interview.

 

With the continued pressure on price, there appears to be a general sentiment of concern among the major hearing aid suppliers that the companies will have to sacrifice higher levels of support currently offered to hearing professionals using their products, both inside and outside of Costco.

 

What Do the Kirkland Hearing Aids Offer?

 

The latest generation of Kirkland aids claim a number of advanced features, including wireless capability and compatibility with smartphone Apps for Android and iPhone.

kirkland hearing aid info
The Kirkland Signature 7.0 details, according to Costco’s website

 

 

Whether the new Sivantos-made hearing aids are a variant of its current Rexton Trax 42 devices (currently available in Costco) or something different, is still unknown.

Considering the recent history and popularity of the Kirkland-branded hearing aids, it’s very likely, barring any major issues with the launch, that Sivantos will quickly overtake its competitors to become the largest hearing aid supplier to Costco within the next several months. 

 

 

Post Update: February 9, 2018

 

HHTM has confirmed that Costco has released the Kirkland Signature 8.0 hearing aids at stores across the US this month, with Sivantos again chosen as the company’s supplier. The price of the new devices has also been lowered by an additional $100/pair–keeping with an ongoing trend at Costco since at least 2012. Click here for a review of hearing aids currently offered at Costco.

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Honest Betsy

I’ll tell you what I’ve learned after working as a patient care coordinator/hearing instrument specialist in-training. I should first begin by telling you a tad bit about myself. I have a clinical background (oddly enough for a reputable, world renowned, teaching hospital in Ophthalmology), where the patient comes first. I don’t have a stellar sales background, but the idea of being my own practitioner has always been appealing to me. I soon discovered this industry/profession is more concerned with their bottom dollar than serving the patient. Dispensing audiologists, hearing instrument specialists, and their patient care coordinators are essentially used care salesmen. This is a retail industry and less of a health industry and people need to understand this. I believe in serving the patient first, honesty, integrity, kindness and being ‘transparent’ to the patient/client. I was let go for wanting to be more transparent and honest with the patient/client. I… Read more »

Anonymous

Great American Hearing Aid company in Cottonwood AZ beats these prices with the same exact technology. Look us up!

Todd Faasse NBC-HIS, President

Pat M Askew

What is plastic connected to 1 ear piece ?

Mario A. Stocco

I am currently trialling a pair of Oticon OPN Rite mini’s from a Canadian national clinic chain. During the first week they are, so far, quite an improvement over my five year old hearing aids from the same clinic. I have also had a hearing test with a Costco audiologist (excellent engaging, and well informed). I examined and discussed a comparable set of ReSound premium units at a fraction of the clinic’s price. My question is: how does the consumer know he/she is getting the same product? The literature given to review is inadequate to make a proper evaluation. When such a question is posed to the typical national clinic dispenser the answer is rather vague, i.e. “at this clinic you are getting a lexus product, while the wholesaler provider is offering you a “toyota”. Automobile metaphor aside, how does the consumer know if there is in fact any difference?… Read more »

Terry-Ann

Are the prices for hearing aids in the US or are they available in Canada?

Kazoo86

I just got my first hearing aids. The KS 7.0. They are wonderful. I hardly know I have them in and they sound great. TV volume greatly reduced, pleased wife and myself. I shopped around on price, anywhere from $1699 to $6000. These at $1699 are perfectly what I needed. Thanks.

dylan jordan

Useful analysis – Apropos.

Nibor

I just (Sept 2016) bought a pair of hearing aids from Costco. I am suffering from moderate to severe hearing loss and I am surprised that my Costco Phonak models at so very good. I am more satisfied that I have been with any other dealer, and the price was unbelievably low. I first wore hearing aids in 1978 and these are the best I have ever gotten. Just down the road from where I live, I was being asked to pay $6,150 for a pair but at Costco it cost less than $3,000 for similar or better.

Aunrey Bubis

I bought the Kirkland 6 hearing aids just before the 7’s were introduced which means that I can exchange mine for the newer ones if I want. Is there anything that the 7s offer that would warrant the exchange ?

Kem

Hope you’ve already made the right decision. I changed mine from K6 to K7 and it was the best move I’ve made. The later is a far more superior hearing aid that gives you more natural sound and unlike the K6, it doesn’t continuously hiss.

Ann Thomas

Do these hearing aid have a much needed t-coil?

Abram Bailey

We have updated our hearing aid industry map to reflect this announcement. The map is available to download here.