One of the most common questions people ask is “How much will my insurance cover for hearing aids?” In this blog post, we will look at the different types of insurance coverage and how much they cover for hearing aids.
How Much Will My Insurance Cover for Hearing Aids?
Medicare
Medicare Part B covers 80% of the approved amount for diagnostic services related to obtaining a hearing aid, such as the hearing evaluation and fitting appointment. That said, it does not cover the actual cost of the hearing aid itself.
However, if you have a Medicare Advantage plan, you may be eligible for limited coverage for hearing aids. It is essential to check with your provider to see if you have this option and what is covered.
Medicaid
Medicaid provides a more comprehensive hearing aid coverage than Medicare in most states. It’s worth noting that some states offer hearing aids as a benefit, while others require a co-pay.
It is crucial to check with your local Medicaid office to determine if you qualify for coverage and what the benefits are.
Private or Commercial Health Insurance
If you have private or commercial health insurance, you may be wondering: How much will my insurance cover for hearing aids?
Fortunately, private health insurance providers do offer benefits for hearing aids as part of their plans. In fact, most policies cover hearing evaluations, fittings, and repairs.
However, the coverage for hearing aids can vary. Some policies may cover a portion of the cost of the hearing aid, while others provide full coverage.
TRICARE Insurance
TRICARE is a healthcare program for military personnel and their dependents. For active-duty service members, TRICARE covers the full cost of hearing exams, which includes the hearing aid and accessories.
For retirees and their dependents, TRICARE covers the cost of exams, but hearing aids have a cost-share and a limit of one every three years.
Schedule a Hearing Aid Consultation Today
To learn more about our hearing aid services, please call our office to schedule a consultation with one of our specialists.