Should You Get A Medical Loan For Hearing

I know what it’s like to experience hearing loss. If you’re here, you probably know what I’m talking about. My My loss was caused in childhood. It was probably all of those ear infections. But, it could just as easily have been those oh-so-memorable rock concerts. At this point it doesn’t really matter why I’m experiencing hearing loss. What does matter is that I can’t hear. My insurance doesn’t cover it (yes, that’s a joy to fin out!) And, I need a medical loan for hearing.

What’s the cost for hearing aids?

Yep, I’ve done that research too. The cost for hearing aids varies depending on the quality and size. There are also all sorts of bells and whistles now available with some models. But, what will it cost me? Anywhere from $1,500 to $3,500.

I get it. Technology is expensive. Hearing aids must seem like a non-essential luxury. It’s an “elective.” That’s why doctors estimate that 20% of Americans who could benefit from hearing aids just don’t get them.

If you’re like me and 25% of all Americans, and you can’t hear… Hearing aids are absolutely a quality of life issue. Honestly it feels like a life-and-death situation. I keep reading about possible good news for lower-cost products (the FDA has been talking about it for years). I just haven’t seen it. How can I go through life without being able to hear?

I want to be able to hear, so I don’t get fired. But, I also want to hear my kids when they tell me that they love me. I want to hear the rain falling on the roof. I want to hear it all!  I just never realized that I’d be in a place in my life where I needed something so badly. Then, when I learned that insurance doesn’t cover it, I was at a loss. I now know that the only solution open to me really is a medical loan for hearing.

Why doesn’t insurance cover my hearing aids?

I’ve asked my insurance company, and they don’t have an explanation. I’ve read articles about hearing aids and why they’re so essential (and under-used). It doesn’t make sense. Given the cost of hearing aids, and the fact that it’s so needed, I’m shocked!

The American Speech-Language-Hearing Association (ASHA) lays out all the mandates for coverage of hearing aids by state. It’s great that insurance is required to at least partially cover kids. The thing is… I’m not a kid anymore. So, that means, I need to find money growing on trees or find a medical loan for hearing. As you can probably imagine, that means: Medical finance is my only option. I’m pretty sure we’re all in the same boat.

What about medical finance?

Of course, it’s great to know that there is a loan for medical bills. I need to see an audiologist, and I need to get hearing aids. All of those medical bills add up. But, where do I start, and how easy is it to get a loan for medical bills?

I need to check my credit first. I want to get a sense of which type of medical finance option I need, or which one will fit with my financial situation.

Then, based on my credit score, I’ve got several options:

Conclusion

I also found additional details about medical finance options for hearing. It’s really not as difficult as I thought. That’s what really excites me. I want a solution that will be quick and easy. But, I need a loan that will allow me to hear like I used to. Is that too much to ask for?

I want to enjoy life again. It looks like a medical finance solution can help me hear again. For that, I will be forever thankful.