You’ve had your hearing tested and your audiologist has recommended the appropriate hearing instruments for your hearing loss and lifestyle. Usually, the next question is “does my insurance cover them?”
In most cases, private health insurance does pay for hearing testing. Fewer, though, pay for hearing instruments. Some policies allow for partial or full payment of hearing instruments. Be sure to check with your plan or employee benefits coordinator for more information.
Unfortunately, Medicare does not pay for hearing instruments. Some replacement plans, such as Humana Gold, will reimburse patients a portion of the purchase price depending on their policy and where the patient lives. Supplemental plans that are secondary to Medicare also do not cover hearing instruments. Employer or group plans that are secondary to Medicare, may have partial coverage. Louisiana Medicaid does pay for hearing instruments but ONLY for children under the age of 21.
There is a proposed Hearing Aid Tax Credit Law that would provide a tax credit of up to $500 per hearing aid, once every 5 years, for parents purchasing a hearing aid for a dependent child. This credit could also be used by persons over 55 years of age for the purchase of a hearing aid. Be sure to lobby your Federal law makers to get this Act passed!
If none of the above situations apply and you are not able to pay outright for your hearing instruments, don’t fret! We also offer both 12 month interest-free or extended payment plans for your convenience.
No matter your situations, we have a plan for you. Your hearing healthcare is our top priority. Please call us today if you have any questions or to schedule your appointment! 985.419.8080