There may come a day when you need to wear a hearing aid. That day may arrive after an accident, some sort of ailment that impacts your hearing, or simply hearing loss as you age. Whatever the circumstances, it helps to understand what you can expect from insurance for hearing aids before the need for the coverage arises. Here are four basics that you should know.
Your Health Insurance Policy May Not Cover Hearing Aids
Whether you have an individual health insurance policy or are covered through a group plan at work, it pays to know what sort of benefits are included. You may be surprised to find out that your plan has no provisions for hearing aids at all. In fact, the most likely scenario is that there will be nothing in the policy to help with this type of purchase.
If you find this to be true, do contact your insurance provider and ask about supplemental policies that are available. The provider may have something that can be added to your overall insurance coverage that will help with the cost of hearing aids. You won’t know until you ask. \
There Are Stand-Alone Policies That You Can Purchase
If you find that your health insurance provider has nothing to offer, don’t despair. There is nothing to keep you from reaching out to other providers who offer hearing insurance policies. These stand-alone policies will not impact your health insurance plan at all, but they will provide you with coverage that will help if you experience hearing loss.
Keep in mind that you will have to set up a separate payment option for this additional insurance. Many providers allow you to remit payments online each month. You can also set up recurring payments that are deducted automatically from your bank account or charged monthly to a credit card.
The Benefits Will Vary
Whatever form your insurance for hearing aids takes, make sure that you are clear on what constitutes a covered event and how much the provider will pay for each of those events. Your goal is to identify how much expense is left for you to cover once the policy benefits are paid.
What you may find is that the hearing policy covers the cost of routine hearing tests in full. When it comes to hearing aids, there may be a co-pay or a deductible that must be met. Once that’s done, the policy may cover the remaining amount in full. As long as you know what to expect, it’s easier to be prepared to cover the rest.
Not Every Provider Accepts All Forms of Insurance
Just as your health insurance provider may work with a network of health care professionals, the same is true for your hearing aid insurance provider. Make sure you know how many hearing specialists in your area are part of that network. If there are none, it’s best to look at other plans and see which ones have local participants.
This approach will mean you don’t have to drive hours in order to see someone who is part of the network. It also means you don’t have to make do with any limited benefits that are provided if you use a medical professional who is not part of the network.
Now is the time to find out what sort of benefits you have for hearing issues, including the expense of getting hearing aids. While the need for them may be years in the future, planning now will save a lot of time and difficulty later on.