Price Functions in the US Wholesale Hearing Aid Market

This series now steps into the dark and murky realm of manufacturers’ wholesale pricing of product to see how the market has changed since 2013.  The caveats remain the same:   Big assumptions:  Categorical lines separating Economy, Premium, and everything in between are arbitrary to some extent, reflecting the varying family of products, product-specific technology levels,…

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Mucking Around with Hearing Aid Price, Again

by Holly Hosford-Dunn, PhD and Amyn Amlani,PhD   The Pricing series revs up for a multi-year update today, just in time to get in on the PCAST and IOM action of recent days and await signs from the FDA.  In 2013, the announced intent was to “dive down and muck around with Price to test…

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Wholesale Hearing Aid Pricing – Is It On the Level?

Today picks up on a series begun in response to a headline-grabbing proclamation by a manufacturing CEO: “‘The hearing aid industry uses every new thing … to raise prices.” To which Hearing Economics posed rhetorical questions and slowly began addressing them:  What is the basis for making such a claim?  Are claims like this true or do…

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You Say You Can Make a $100 Hearing Aid? Go Ahead!

Today’s post is from Guest Editor Harvey Abrams, PhD.  He picks up the hearing aid Pricing issue with a vengeance, continuing our ongoing discussion and economic analysis of Price in the industry.  The Starkey Hearing Blogs ran Dr Abram’s post on June 14, 2013 and graciously gave him permission to reformat and publish it at…

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Where’d Those Numbers Come From? Data for the Pricing Posts

Premium Pricing for major technological innovations raised average prices of hearing aids by about $1000 from 1994 to 2011, as shown in a previous post and reproduced above. The Data   Fig 1 was derived from the numbers contained in Table 1, footnoted to explain origins, derivations, and assumptions.  Nominal average Price (left column of…

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