WARNING: Hearing Aids Are About to Get a LOT More EXPENSIVE 😱

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  • เผยแพร่เมื่อ 21 ต.ค. 2024

ความคิดเห็น • 117

  • @kerrywanner6340
    @kerrywanner6340 2 ปีที่แล้ว +3

    An audiologist told me the $7000 pair actually costs $1200. So an increase cost of $120 to the clinic will put you out of business? To be transparent show us your actual cost sheet

  • @pmf2994
    @pmf2994 2 ปีที่แล้ว +2

    Received my Oticon More 1 from the VA. My audiologist told me if I received it outside of the VA, it would have cost approximately $7,000.

  • @sgtjameslindsey2493
    @sgtjameslindsey2493 2 ปีที่แล้ว +3

    I'm so thankful that the VA had my back and hooked me up with my Phonaks. I love the Bluetooth feature as well.

    • @jamesanderson2638
      @jamesanderson2638 2 ปีที่แล้ว

      I’m with you, the VA just hooked me up with ReSound One hearing aids last week. Like you said, the Bluetooth feature & the phone app are are great.👍🏻👂🏻

    • @Rusty6003
      @Rusty6003 2 ปีที่แล้ว

      Those of you living on the government dime are doing well. The rest of us are screwed.

  • @mrsmith1339
    @mrsmith1339 2 ปีที่แล้ว +5

    Inflation is really 16% or more. The Soc Security and VA disability payments are going up 8.9% in 2023. Rents and housing prices are up 30% in one year in my location. Chicken wings are at "market price", because they can't reprint menus fast enough. We just volunteered to give our house cleaner a raise.
    Your cost of goods just went up. What % of the total out the door retail price is that? It doesn't really matter because all of your costs are up, labor, utilites, perhaps rent. I don't think the price of hearing aids is elastic. A price increase will cause a certain % of prospective clients to forgo purcahse, especially when all of the costs are up. "With gas at $5.00+, I can't afford hearing aids"
    At least you can get product. Auto dealers get way less than 1/2 of the cars they did 2 years ago, but their fixed costs are soaring.
    10% increase on $7500 hearing aids will dissuade many people.
    I leased 2 new cars in September and beat the massive price increases. We just had or master bath redone, today ot would be significantly more. Buckle your seat belts.

    • @willchristie2650
      @willchristie2650 2 ปีที่แล้ว +2

      You can afford a house cleaner? You lease 2 new cars? Just had your master bath redone? Life is still good for you, sir. I know people who had to get an extra job after working 8 hours a day just to provide what is needed for their kids.

    • @alanlanctot7369
      @alanlanctot7369 2 ปีที่แล้ว +1

      No….ss IS NOT going up 8.9% in 2023….the rate is determined by the CPI index in Q3 (july-Sept)….we’re still in Q2

    • @Rusty6003
      @Rusty6003 2 ปีที่แล้ว

      I hope those of you who voted for our DEMENTED, INCOMPETENT president are happy. You have gotten what you deserve, but scr_wed the entire country in the process.

  • @laurieginsburg3336
    @laurieginsburg3336 2 ปีที่แล้ว +2

    Have my appt this Wednesday to replace my 9 yr old Phonaks. I'm glad I didn't wait any longer.

  • @lunaprez2199
    @lunaprez2199 2 ปีที่แล้ว +3

    Thinking of going to Lyric hearing aids. I don’t expect my AuD to absorb the increases. She has to eat too pass it on

  • @curtpetrovich1874
    @curtpetrovich1874 2 ปีที่แล้ว +3

    Hearing devices were already massively overpriced and no amount of apologizing for manufacturers about what goes into them is convincing about why something with some code and a couple hundred dollars of components should cost six or seven grand for a pair. There was already an obscene amount of markup on these devices, not unlike the profits in the oil and gas industry. If you’re going to offer a defence - even an implied one - of the industry, let’s see the balance sheets and profit margins on every single manufacturer. The global hearing aid market is pushing 10 billion dollars a year and is on track to nearly double in the next decade. While I appreciate the cost of doing business for people who provide hearing services may increase with inflation, these devices are like diamonds in terms of pricing strategy. Except what makes it unethical to charge thousands of dollars for $200 worth of components is that, unlike diamonds, these aren’t luxury goods. They are necessary medical devices to sustain someone’s quality of life. Frankly, people who deny that consumers aren’t being mislead are little more than apologists for an industry that is doing tremendously - inflation or not.

    • @wneils
      @wneils 2 ปีที่แล้ว +1

      Great observation,

  • @terriannolson8923
    @terriannolson8923 2 ปีที่แล้ว +1

    Just got back from church ⛪️ and listened to your vlog. I've got to tell your dad (he's watering our flowers on our deck) about your shout out. He's going to be SO excited‼️ 🥳😁🤩💕

  • @luannschuler5027
    @luannschuler5027 2 ปีที่แล้ว +2

    Your videos are great! I’m waiting for the Phonak Slims.. Now I’m nervous about it.. I have trials now with the P90..should I just go ahead and commit to these? When do YOU think the slims will come out and do you think they’ll be a lot more expensive? Thanks..I trust your opinion!

  • @jeanroberts4660
    @jeanroberts4660 2 ปีที่แล้ว +1

    Wow! I am so glad I decided to start the process of getting hearing aids back in February.

  • @maxmaximus6671
    @maxmaximus6671 2 ปีที่แล้ว +3

    I've had mine for three weeks now and my insurance gave a huge discount on my phonak audeo life aids. I got them at a good cost with great after care. My audiologist took the time to make sure I'm hearing as I should, I feel I got the best practices for sure.

  • @greggmacklin4222
    @greggmacklin4222 2 ปีที่แล้ว +1

    Thank God for the VA

  • @Mdwells2944
    @Mdwells2944 2 ปีที่แล้ว

    I feel for you guys, very nice to hear you all initially absorbed the first 3% increase. We have so many things increasing in price and unfortunately, no assistance from any programs.

  • @Stormin_Norman
    @Stormin_Norman 2 ปีที่แล้ว +1

    So, I cannot afford them now, nor will any insurance company help cover them for me.. I was told by my former ins company to go see a certain hearing aid company. I did and after the 30 days tryout, the insurance company told me they would not not help because I lived in a state (NH) the insurance did not operate from. My current insurance company (BC/BS) says they only cover up to 9 years of age..

    • @Wayne-g4x
      @Wayne-g4x 2 ปีที่แล้ว

      You could try Costco and get a hearing test then buy used hearing aids

  • @bexmccarthy4526
    @bexmccarthy4526 2 ปีที่แล้ว

    This is why it’s so tragic that the medical insurance in this country excludes our field in the manner it does. This is part of the point of paying for insurance, it should be assuming financial risks as well. I’m genuinely starts to look at leaving the USA before opening a clinic, because I worry about the inhospitably we have to small companies, like local clinics. I’ve been stuck in the “low cost less-to-a-T” type clinics for a while and I’m so happy to help folks that can’t pay more than $1k-$2k for these devices, but it does twinge my heart to know what kinds of things they’re missing out on when they are interested in the tech. At least they aren’t buying Nano.

  • @grafxdesigner93
    @grafxdesigner93 2 ปีที่แล้ว +13

    Hearing aides are a necessity. Not a luxury. If it’s considered a “luxury”, then the industry doesn’t care about the needs of those who are impacted by their being hearing loss or being hearing impaired. Money is the culprit for its to be so expensive. Health insurance should be able to cover the costs. If they can cover major surgeries, that pennies compared to paying for surgeries which be up five to six figure. I don’t get it.

    • @jt_rooster3228
      @jt_rooster3228 2 ปีที่แล้ว +1

      That’s business life for ya. Dr Cliff is more than willing to share his experience about even his hearing loss to help prevent what he went through.

    • @lydwinaofschiedam2685
      @lydwinaofschiedam2685 2 ปีที่แล้ว

      Pure greed. No one in the government or in the insurance industry cares a whit about you, me or anyone else in the “middle” or “lower” income classes.

    • @sarahspindler2914
      @sarahspindler2914 2 ปีที่แล้ว +1

      Healthcare in general is considered a luxury in the US

    • @grafxdesigner93
      @grafxdesigner93 2 ปีที่แล้ว +1

      @@sarahspindler2914 Yes it is when it should be treated as a "necessity" or "need" for the overall well being of society as a whole. Doesn't seem to be the motto or the case.

    • @sguss38
      @sguss38 2 ปีที่แล้ว +1

      At this point insurance companies and Medicare will not add anything new to their coverage unless the government mandates it. And since the Government is run by people who depend on companies like insurance, pharmaceuticals, petroleum, food, etc., etc. for contributions to their re-election funds and people keep re-electing those same people over and over nothing wlll ever change.

  • @glennwatson3313
    @glennwatson3313 2 ปีที่แล้ว +6

    The inflation rate in the U.S. is over 8%.

    • @MrRideabighorse
      @MrRideabighorse 2 ปีที่แล้ว

      That's actually lower than a lot of places.

  • @remington6363
    @remington6363 2 ปีที่แล้ว

    My phonak audeo battery hearing aids are going through batteries every 24 hours any suggestions

  • @iluvj50
    @iluvj50 2 ปีที่แล้ว +3

    It won't be long before an Audiologist is someone who studies a brand of fine German cars.

  • @DarkerSavant
    @DarkerSavant 2 ปีที่แล้ว +13

    Man. Feels like We are doomed in this country.

    • @fubarexress6359
      @fubarexress6359 2 ปีที่แล้ว

      It's not good. People like Klaus Schwab wrote a book called "Covid 19: the great reset."
      Talks about how they "used" the pandemic to restructure society to their liking. From tbe top down of course. Talks about people living in tiny homes, not driving cars, not owning anything and being happy.
      Best you can do is move to a state who's government isn't trying to totally destroy you.

    • @sarahspindler2914
      @sarahspindler2914 2 ปีที่แล้ว +1

      Inflation is a global thing though

    • @willchristie2650
      @willchristie2650 2 ปีที่แล้ว +2

      To young people, inflation may seem like an apocalypse. But old guys like me have lived through inflationary periods. They are tough on a set income but they do go away in time. Most often inflation is the result of shortages, such as gas in the 70's. That is exactly what is going on again. China has shut down entire cities due to renewed covid cases. Since China makes much of what we use each day, there are supply shortages because China is not making goods as it once did before covid.

    • @Rusty6003
      @Rusty6003 2 ปีที่แล้ว

      @@willchristie2650 Wrong. This inflation is caused by your DEMENTED prez, and his Marxist handlers. They are intentionally destroying the energy industry, to bring our once great nation down. Sky high energy costs cause EVERYTHING to increase in cost. Question is ... why do the Dems want to destroy the nation??

  • @Arvigeus
    @Arvigeus 2 ปีที่แล้ว

    Just got my new Oticon More 2 because of you, @Doctor Cliff, AuD!

  • @animemanman6368
    @animemanman6368 2 ปีที่แล้ว

    thats sucks, its sad govs wont do anything about it, like WHO should warn them to not make it more expensive well idk how it work

  • @ТарасСтецько-н5щ
    @ТарасСтецько-н5щ 2 ปีที่แล้ว

    My signia in Central Asia cost 25% more than I've bought them in the beginning of this year.

  • @sharronbradshaw9061
    @sharronbradshaw9061 2 ปีที่แล้ว

    It’s sad that they are doing this. Your insurance is not willing to cover high price hearing aids. Now that I know this I need to go ahead and get mine. 10% for me is not going to help with the price. They need to price it 2 for one set price. The price going up will not help the company or the business. It’s all about money. Not the people who need help to get hearing aids. It’s really sad .

  • @sheagoff6009
    @sheagoff6009 2 ปีที่แล้ว

    Damn glad I got my new hearing aids at the beginning of the year before these price hikes

  • @stephaniespence1
    @stephaniespence1 2 ปีที่แล้ว

    Agreed, same with my Oticon Nera 2. Good thing batteries seem to be abundant on my FB free group.

  • @rooster3019
    @rooster3019 2 ปีที่แล้ว

    I am surprised at the business model you suggest. If the inclusive cost to a business of goods increases by X, the business needs to mark that inclusive cost up (including the X) in order to achieve a gain on capitol investment. Shipping, handling, accessories, and the central good price. Then the business also has to consider significant overhead, insurances, taxes, and payroll increases as inflation roars on. Fire feeds fire...

  • @Jlevin1955
    @Jlevin1955 2 ปีที่แล้ว

    Glad I got my Oticon More 2 a month ago! My insurance covered about half the price. Still very expensive!

    • @malekodesouza7255
      @malekodesouza7255 2 ปีที่แล้ว

      Highest in 40 years. Thanks, Democrats.🖕

  • @amysievertokeefe8268
    @amysievertokeefe8268 2 ปีที่แล้ว

    Everything is going up in price - but this is an unnecessary scare tactic for the hard of hearing individual. Definitely not all clinics, hospitals and private practices will be raising their prices - many of us will have to be creative, savvy and smart in our purchasing and pricing.

  • @wes337
    @wes337 2 ปีที่แล้ว +4

    Really glad I got my Phonak P90s just last February. It was quite expensive to buy them outright, but the world situation during the past years was a pretty clear warning sign about the inflation we're starting to see right now.

  • @handmaid7778
    @handmaid7778 2 ปีที่แล้ว

    I am totally blind with a severe, profound hearing loss. I use hearing aids which make a bit of difference for me. They don’t take care of my hearing loss altogether but they help it a great deal. So if they’re going to increase the cost of hearing aids. They better be prepared right now to get me a Coke Euler implant.

  • @johnhill913
    @johnhill913 2 ปีที่แล้ว +10

    Greed...greed...greed. Hearing aids are so expensive. Hard to believe that consumers are not getting fleeced by hearing aid companies.

  • @kathyleveck267
    @kathyleveck267 2 ปีที่แล้ว

    I would like to wait for LE audio upgrades. Will that be an upgrade that could be added to a current hearing aide.

    • @yvanesquivel7468
      @yvanesquivel7468 2 ปีที่แล้ว

      What does LE mean?? I'm not fron the U.S.

  • @brandon909able
    @brandon909able 2 ปีที่แล้ว

    Do you believe an audiologist (no other biz risk) should make more or less than $100k?

  • @davebuccino4626
    @davebuccino4626 2 ปีที่แล้ว

    Do you accept insurance for hearing aids?

    • @willchristie2650
      @willchristie2650 2 ปีที่แล้ว +2

      If you find anyone who accepts insurance for hearing aids, let us know.

    • @davebuccino4626
      @davebuccino4626 2 ปีที่แล้ว

      @@willchristie2650 I got my hearing aids through the VA but I worked out an agreement with my audiologist to do all adjustments and cleaning because she is the best in Las Vegas.

    • @davebuccino4626
      @davebuccino4626 2 ปีที่แล้ว

      I also have Medicare insurance that includes hearing aids and a local audiologist who will fit them for me. They pay about $3000 towards the cost of the hearing aids.

  • @jameskearney4100
    @jameskearney4100 2 ปีที่แล้ว +1

    Vacations? How about buying toilet paper?

  • @onshisan
    @onshisan 2 ปีที่แล้ว +1

    Looks like I’ll be replacing the rechargeable batteries in my P90s until I die…

    • @judyfisher25
      @judyfisher25 2 ปีที่แล้ว

      I take very good care of my hearing aids to hopefully keep them as long as I can.

    • @onshisan
      @onshisan 2 ปีที่แล้ว +1

      @@judyfisher25 likewise, before I switched to these Phonaks I had managed to keep using older Oticons for about 10 years, well into obsolescence.

  • @modiulelawson9790
    @modiulelawson9790 2 ปีที่แล้ว +1

    Hearing aids were over priced before this. Its not ok that people cant get these devices for quality of life or even life and being able to work only if they have these devices. Having hearing aids is not a choice!!!

  • @andrewbustin2960
    @andrewbustin2960 2 ปีที่แล้ว

    If they impose a 6.5% increase to the 3% higher price since January, the compound increase amounts to 9.695%. Thanks for correcting my mistake, Todd Osborn.

  • @TheRichb688
    @TheRichb688 2 ปีที่แล้ว

    I got my More hearing aids in Jan thru Kaiser

  • @gregsettle9725
    @gregsettle9725 2 ปีที่แล้ว

    Inflation comes and goes. Some businesses will go under but some will make it. it's a tough time for all.

  • @lauralulu4444
    @lauralulu4444 2 ปีที่แล้ว

    good thing I got my Widex 440 back in march :O

  • @handmaid7778
    @handmaid7778 2 ปีที่แล้ว +1

    Maybe some audiologists will go out of business because of this. I guess they can find jobs teaching blind and profoundly hearing-impaired people like me sign language. I don’t know if that pays as well though.

    • @DW-bm9bp
      @DW-bm9bp 2 ปีที่แล้ว

      Some already have left the industry just in the last 3 years. It’s been tough all around. I have 4 colleagues that sold their practices because it was just too much to handle mentally. We get in this industry to fit and help people but when you are an owner, another headache is always around the corner.

  • @glennwatson3313
    @glennwatson3313 2 ปีที่แล้ว +1

    I thought they were getting cheaper.

    • @fubarexress6359
      @fubarexress6359 2 ปีที่แล้ว +1

      Supply chain issues. Inflation. Nothing is gonna get cheaper.

  • @sancoffsr
    @sancoffsr 2 ปีที่แล้ว +1

    It seems to me that 9 1/2 percent increase is outrageous you’re not talking about a lot of materials in theses sounds more like a money grab in my opinion many are over priced as it is they should at least give the highest software level.

    • @liyonsmith8284
      @liyonsmith8284 2 ปีที่แล้ว

      Yeah it seems interesting timing with OTC hearing aids on the horizon. I wonder if companies are anticipating the new competition and preemptively raising prices so they can discount them later?

  • @taylorbaldwin1776
    @taylorbaldwin1776 2 ปีที่แล้ว

    Is this increase include phonak?

    • @sarahspindler2914
      @sarahspindler2914 2 ปีที่แล้ว

      I imagine it includes all brands because everything is more expensive

  • @kylieschafers3080
    @kylieschafers3080 2 ปีที่แล้ว

    what no way hearing aids will cost more now what why

  • @JakeTaylor1646
    @JakeTaylor1646 2 ปีที่แล้ว +1

    Honestly I think it should be the other way around I thing hearing aids should be way cheaper then they are they don't realize they'd make triple their profits of hearing aids were affordable!

    • @DrCliffAuD
      @DrCliffAuD  2 ปีที่แล้ว

      False. Hearing aids are very inelastic from an economic standpoint. Meaning: demand does not significantly change based on price. If cost was low, they would make WAY less money. We know this because other countries, where hearing aids are Free, do not have significantly higher hearing aid adoption rates.

    • @JakeTaylor1646
      @JakeTaylor1646 2 ปีที่แล้ว +1

      @@DrCliffAuD huh I would of thought otherwise but I do now know I definitely live in the wrong country!

    • @DrCliffAuD
      @DrCliffAuD  2 ปีที่แล้ว

      @@JakeTaylor1646 yes you do. I highly suggest you move to one of those better countries and renounce your USA citizenship.

    • @JakeTaylor1646
      @JakeTaylor1646 2 ปีที่แล้ว

      @@DrCliffAuD well im not gonna really worry about it because I have a really great audiologist that works with me and works hard to make sure my every penny counts its just a shame that us doesn't think about it citizens as far as hearing loss goes but right now I'm happy with my resounds!

    • @JakeTaylor1646
      @JakeTaylor1646 2 ปีที่แล้ว

      @@rm-ih1ns huh????????

  • @johnwelch557
    @johnwelch557 2 ปีที่แล้ว +2

    Unless you have more than moderate hearing loss and have no diseases, or damage as determined by your local doc, then just buy decent ones like Bose and many others that are NOT listed as "amplifiers" and forgo the clinics/audiologists. Make sure they are adjustable with wifi.
    Yes they are headed upward too, but cost many less dollars and many times exceed the average ones purchased through clinics.
    I'm know doc, but do have long term experience at 72 years and just under the "Severe" level of loss. This is my advice.

  • @glennwatson3313
    @glennwatson3313 2 ปีที่แล้ว +11

    Justin Bieber and big news don't really go together in my life.

    • @willchristie2650
      @willchristie2650 2 ปีที่แล้ว +3

      BRAVO! A guy who has made a living on throw-away music simply isn't part of my concern, although I hope he recovers.

    • @keepingitreal618
      @keepingitreal618 2 ปีที่แล้ว

      Does in my life as educates people, wouldn't hear about this otherwise

  • @thewanderer577
    @thewanderer577 2 ปีที่แล้ว +2

    As if hearing aid makers don’t already have a bad reputation! I guess those of us on fixed income will have to settle for the cheapest models and maybe the cheapest audiologists. ☹️

  • @boasecuritytechnologies2153
    @boasecuritytechnologies2153 2 ปีที่แล้ว +1

    We’re all experiencing the pressures of inflation. 3% increases are normal across all businesses. Just pass it on.

  • @willchristie2650
    @willchristie2650 2 ปีที่แล้ว

    I can't afford new books any more. I have to buy beat up used copies on eBay. Vacation? What is that? My idea of an exciting time is driving past DENNYS slowly so I can smell the food for free!

    • @lydwinaofschiedam2685
      @lydwinaofschiedam2685 2 ปีที่แล้ว

      🤣🤣🤣🤣

    • @user-lg7hz2op4y
      @user-lg7hz2op4y 2 ปีที่แล้ว

      You’re sooo lucky Will I can’t afford the gas to drive past Denny’s!

  • @digitaldan476
    @digitaldan476 2 ปีที่แล้ว

    Working Americans are averaging only 2% to 3% in wage increases. I make a third of what I use to as General Mills terminated 4,000 of us in 2017, to double their executives salaries.
    When starting a new job far away, I had 3 coworkers of a different race lock me in a basement while 150 decibel music blasted and lost my hearing in a hate crime right outside of Chicago IL I was denied twice for disability and now wear Phonak Lyrics as of January.

    • @MARALAGO2024
      @MARALAGO2024 ปีที่แล้ว

      Lucky it wasn't be. You would not be here typing your bullshit stories, seeking attention.

  • @nighthawk700gc
    @nighthawk700gc 2 ปีที่แล้ว

    While I "Liked" your video, I don't like that this is happening. Heck, I was looking for filters for my furnace this morning. They've almost doubled the cost. Ack!

  • @dec2631
    @dec2631 2 ปีที่แล้ว

    GREED

  • @judyfisher25
    @judyfisher25 2 ปีที่แล้ว +1

    It’s good to know this information however discouraging it is. Maybe things will change when this ministration is out!

    • @willchristie2650
      @willchristie2650 2 ปีที่แล้ว

      Inflation is world wide, so stop blaming it on 1 man. Turn off Fox News.

    • @rjollis
      @rjollis 2 ปีที่แล้ว +1

      Don’t be dumb. Inflation is a global issue.

  • @cpjames100
    @cpjames100 2 ปีที่แล้ว

    Let’s go Brandon! Not helping hearing impaired!

  • @JimFlanneryDRONES
    @JimFlanneryDRONES 2 ปีที่แล้ว +3

    Yes, what has happened to cause this inflation is the DILUTION OF THE DOLLAR. All the “helicopter money” dropped from above (our government, amongst others) has diluted the dollar, lowering the value of each dollar we spend. Econ. 101. BTW: I’ve had my new Phonak VIRTO P-90 312 hearing aids for a month now. My previous aids, were Phonak Paradise RIC’s, so the technology level was the same, but the CUSTOM EAR MOLDS made ALL THE DIFFERENCE IN THE WORLD! I’m LOVING these!

    • @willchristie2650
      @willchristie2650 2 ปีที่แล้ว +3

      Inflation is happening everywhere in the world. I have a friend in the Philippines and it is the same there. It has a great deal to do with shortages of goods made in China. The idea of government spending on the citizens of this nation (instead of tax cuts for billionaires under Trump) is causing this world wide inflation makes no sense.

    • @DavidSimpsonJr973
      @DavidSimpsonJr973 2 ปีที่แล้ว

      @@willchristie2650 you don't think other countries are doing the same thing? Already we know where your politics stand.

  • @pmf2994
    @pmf2994 2 ปีที่แล้ว +1

    Received my Oticon More 1 from the VA. My audiologist told me if I received it outside of the VA, it would have cost approximately $7,000.

    • @DW-bm9bp
      @DW-bm9bp 2 ปีที่แล้ว +1

      He/she is right. Please be one of the Vets that appreciate what a blessing you’ve received. I can’t tell you how many I see that take them and dont even try. Enjoy your HA’s!!