Are Hearing Aids Getting Pricier?
“The hearing aid industry uses every new thing, like digital or a new algorithm, to raise prices.” CEO of a manufacturer of low-cost, app-smart hearing aids. Really? Is the hearing aid industry conniving and villainous to consumers? Do hearing aids really cost $6000/pair? If so, why has that rule of thumb stayed constant for a…
Read MoreRegulation of Hearing Aids, part 4
The evolution of the hearing aid industry sketched out in parts 1-3 of this post series is that of a consumer product. From hand to horn to telephone-like device, the hearing aid was developed and thought of by manufacturers and consumers alike as an appliance that boosted sound. In that regard, hearing aids were a closer fit…
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