Save thousands of dollars by getting hearing aids from us.
How do we do it?
- We buy directly from the manufacturers, eliminate supply chain mark-ups, and transfer the savings directly to you
- We work on a much lower profit margin compared to other dispensers.
Does Medicare cover hearing aids?
Medicare does not cover hearing aids. Medicare covers diagnostic hearing test if ordered by your doctor. You pay 20% of the Medicare-approved amount for the doctor’s services, and the Part B deductible applies. If you have supplemental insurance they will cover those 20%.
Some Medicare Advantage plans (e.g., AARP MedicareComplete) may cover hearing tests and hearing aids. Call your health plan to understand the hearing aid coverage and any requirements.
Is there insurance or financial assistance for hearing aids?
With hi HealthInnovations’ payment plan, your hearing aids will cost as low as $110/month, through 6 interest-free monthly payments.
Private Health Insurance Plans
Many private health insurance plans cover hearing tests. However, they vary in hearing aid coverage. Call your health plan to understand the coverage and any requirements.
Health Savings Account (HSA)
Health savings accounts are tax-advantaged accounts that can be used for medical expenses not covered by your insurance plan. By paying with pre-tax dollars in the HSA, a person in the 28% tax bracket will effectively save $280 for every $1000 spent on hearing aids.
Flexible Spending Account (FSA)
Flexible spending accounts are tax-advantaged accounts that can be used for medical expenses not covered by your insurance plan. By paying with pre-tax dollars in the FSA, a person in the 28% tax bracket will effectively save $280 for every $1000 spent on hearing devices.
Veteran’s Administration (VA)
Click here for information on the VA hearing aid coverage. To thank military veterans for their service, we will provide a $100 discount, for each hearing aid purchased by a military veteran and his/her spouse who do not qualify for VA hearing aid coverage or choose not to use that coverage.
State Vocational Rehabilitation Programs
State vocational rehabilitation programs provide assistance for workers with disabilities and may provide financial assistance for hearing aids. Click here for programs in your state.
Medicaid covers hearing aids for children under age 21. Medicaid coverage for those aged 21 and older varies. Click here for information on Medicaid programs by state.
Deducting Your Costs
If you itemize your taxes, medical costs exceeding 7.5% of your adjusted gross income can be deducted from your federal income taxes. Qualified medical costs include hearing aids, batteries, repairs, and maintenance. For more information, please see IRS Publication 502, Medical and Dental Expenses.