Modern hearing aids are more effective, comfortable and discreet than ever before. The benefits of using hearing technology can be life-changing. But with some premium hearing aids costing an eye-watering $9,000 and up, it’s worth asking what makes them so expensive.
A big part of the cost of a hearing device is due to the research and development that goes into this miniaturised technology. The hearing aid sector is relatively small compared to the mobile phone or laptop market. A quick Google search indicates 6.5 million people in New Zealand use mobile phones, versus about 215,000 people wearing hearing aids (according to 2021 Office of Disability Issues memo). Computer chips in the instruments are specifically developed, not re-used from other devices, and the casing, tiny speakers, microphones and accessories are also custom-produced. All components must pass strict safety and reliability standards since hearing aids are medical devices.
Hearing aids also aren’t ‘plug and play’ devices straight out of the box. Professional services for trial, fitting, programming and ongoing support are included in the purchase price, as well as a 3+year manufacturer warranty. You can see how costs add up.
The good news is that due to advances in technology, you get more for your money now than ever before. Not everyone needs to spend top dollar for premium instruments, even if they are the “latest and greatest”. Many more economical aids now offer features previously only available at the higher price points.
At our clinic, we have rechargeable hearing aids starting from $1,000/pair. With excellent sound quality, reliability, and ease of use, these hearing aids can also connect to a smartphone app and support Bluetooth streaming. This price of $1,000/pair assumes you can get the government hearing aid subsidy. Most people in New Zealand are eligible for this subsidy, once every six years, and is not age or income-dependent.
Talk to us if you want more info about pricing and options. We offer all major hearing instrument brands and are here to help you choose a solution that fits your needs and your budget.
Teresa Burns Hearing Ltd
25 Apollo Drive, Rosedale
09 475 9849
admin@teresaburnshearing.co.nz
teresaburnshearing.co.nz