Navigation Links
Hearing Aids more Affordable in 2017 for 1.25 Million Medicare Advantage Members Through TruHearing Program
Date:1/9/2017

As of Jan. 1, 2017 more than 1.25 million Americans have access to a hearing aid benefit through 25 Medicare Advantage health plans across the United States. The benefit is provided through TruHearing, which has partnered with both national and regional health insurance companies to save their Medicare Advantage members thousands of dollars off the cost of hearing aids.

The new plan benefit, known as TruHearing Select, offers high-quality, smartphone-compatible hearing aids for copayments of $699 or $999 or less* per hearing aid, depending on the hearing aid selected. This represents a significant cost savings in out-of-pocket expenses for health plan members. A National Academies of Sciences report on hearing aid affordability found that the average retail price of hearing aids is approximately $2,300 each.

“The high cost of hearing aids is often a barrier that prevents people from addressing their hearing loss,” said Tommy Macdonald, TruHearing CEO. “We have worked very hard with our health plan partners to develop an affordable benefit that will allow more people to afford high-quality hearing aids and enjoy a renewed quality of life.”

The new benefit takes effect at a time when there is pressure in the hearing industry to make hearing aids more affordable. An estimated 48 million Americans experience some form of hearing loss, and only about 30% of them address the problem. Although the high cost of hearing aids has historically prevented many health insurance companies from offering hearing aid coverage, TruHearing’s approach allows health plans to offer a hearing aid benefit for as low as $0.10 per member per month while still delivering high-end hearing aids and local professional care to their members.

“It’s a win-win,” Macdonald said. “Our partners are able to offer a valuable benefit at a low cost, and their members have a more affordable way to treat their hearing loss.”

The benefit may be used for up to two hearing aids per calendar year, and it includes a routine hearing exam and three follow-up visits for fitting and adjustments. The TruHearing program also includes a 45-day trial period, a three-year extended warranty, and 48 batteries per aid.

In addition to the Select program, TruHearing offers a variety of low and no-cost solutions that can be optimized to meet any health plan need. These include hearing aid allowances, limited formulary solutions, as well as the Value Added Items & Service (VAIS) TruHearing Choice program. The Choice program, which is offered by more than 60 regional and national health plans, saves members up to 60% off the retail price of name-brand hearing aids at no cost to the health plan.

For more information about TruHearing’s benefit and VAIS programs, visit https://www.truhearing.com.

*Copayment amounts vary by plan

About TruHearing
TruHearing works with more than 60 managed care organizations across the country. Its mission is to help make hearing aids more affordable by partnering with health plans to provide hearing aid coverage to Americans with hearing loss. TruHearing has a contracted network of more than 4,800 provider locations, delivering the latest technology in hearing aids with local, personalized service. For more information, visit https://www.truhearing.com.

Read the full story at http://www.prweb.com/releases/2017/01/prweb13965890.htm.


'/>"/>
Source: PRWeb
Copyright©2017 Vocus, Inc.
All rights reserved


Related medicine news :

1. Stryker Hip Lawsuit News: Bernstein Liebhard LLP Notes Hearing Scheduled on Remand of Stryker Hip Recall Claim to State Court
2. Latest Research and Treatment Innovations in Speech, Language, and Hearing Disorders to be Presented at ASHA National Convention
3. Quick Reference Guide to Hearing Aid Style and Design Choices Created by the Audiologists at Silver State Hearing & Balance in Reno, NV
4. Paris TN Audiologist, Audiology & Hearing Aid Clinic, Releases Quick Reference Guide to Hearing Aid Model Options
5. User-Friendly Guide to Hearing Aid Style Options Released by the Audiologists at The Hearing Center of Lake Charles in Lake Charles LA
6. Etymotic Brings Hearing Protection to PASIC
7. Study reveals potential breakthrough in hearing technology
8. DePuy Pinnacle Lawsuit News: Bernstein Liebhard LLP Notes Scheduling of Remand Hearings for Federal Pinnacle Hip Lawsuits
9. Palm Springs CA Hearing Aid Dispenser, Hearing Aid HealthCare, Creates Quick Reference Guide to Hearing Aid Style and Design Options
10. Jerry West Supports Hearing Health Awareness with the HearStrong Foundation
11. Transvaginal Mesh Lawsuits Progress, As Bernstein Liebhard LLP Notes Scheduling of Motions Hearing in Federal Vaginal Mesh Litigations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/24/2017)... CLARA, CA (PRWEB) , ... July 24, 2017 , ... ... and financial organizations, today announced it has partnered with WALLIX to expand ... Special Publication 800-171 . , There are a number of ways to address the ...
(Date:7/24/2017)... ... July 24, 2017 , ... Anyone who uses scales know they have ... a pharmacist using that same scale to dispense medication. The first example is an ... illustrations show why it is important to have the right balance for the process. ...
(Date:7/24/2017)... BEACH, Calif. (PRWEB) , ... July 24, 2017 , ... ... ranging from food addiction to sexual abuse, and how she has overcome them. “Forbidden ... traumatic instances in her life and how she has risen above. , In “Memories,” ...
(Date:7/24/2017)... Church, VA (PRWEB) , ... July 24, 2017 ... ... figuring out how to change manufacturers future. , The agency is hammering out ... Cures Act, one of the farthest-ranging laws ever to affect FDA-regulated firms. The ...
(Date:7/24/2017)... ... ... Short Walk to the Mailbox”: a remarkable memoir of an unconventional courtship. “A ... Ed Clark is a church music director and choral conductor. He has served ... leader for over fifty years. He has a master’s degree in church music ...
Breaking Medicine News(10 mins):
(Date:7/21/2017)... July 21, 2017 Did you know that PhRMA member ... Or that combined spending on brand medicines, generics and the supply ... brands accounting for just half of this (7 percent)? Or that ... of the world,s venture capital investments in high-growth biopharmaceutical startups? ... ...
(Date:7/19/2017)... July 19, 2017  Mako Medical Laboratories partnered with ... Military Family Assistance Fund (MFA) to bring 140 soldiers ... visit with their families one last time before being ... the travel and logistics needed for these soldiers. "Mako ... and their families. We just wish we could bring ...
(Date:7/15/2017)... July 15, 2017 Enterin Inc., a ... Parkinson,s disease (PD), today announced the completion of a $12.7 ... New Ventures III, as well as the participation of existing ... thrilled to have the support of New Ventures III and ... as validation of the potential of our platform technology to ...
Breaking Medicine Technology: