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How to pay for your hearing aids?

YVDW audiologist-finance your device, hearing test

Finance options for hearing aids

It is no secret that hearing aids has quite the stigma of being expensive.

Reality is that hearing aids come in different price and technology options – delivering different levels of performance for different lifestyle and listening needs and that it does not have to be devastatingly expensive.

Read more about the cost of hearing aids right here…

Options to finance your hearing aids (besides paying it once off yourself):

  1. Medical Aid: Most medical aids (depending on your plan) have a hearing aid benefit every 1-5 years that typically covers entry level or mid range hearing aids. In some cases, if it is an annual benefit, we are able to do one ear at a time, for example one in December and one in January. (We can assist with this process and confirming this benefit).
  2. Financing Options: Various companies provide medical finance to cover medical expenses such as hearing aids. Examples of this is www.mediwallet.co.za and www.medifin.co.za. You can visit their websites to see what your monthly repayment would be.
  3. Hearing aid contract: Similar to cellphone contracts, you can now also get a hearing aid contract for 36 months, pay a monthly fee and upgrade after 36 months. Should you wish, read more here: https://reconnectfinance.co.za/

Remember that SARS has the additional medical expenses tax credit for individuals with hearing loss. which means that you will be claiming your hearing aid cost back from SARS… Read more here… 

Need some more information? let us assist you, contact us today.

 

 

Centurion – Wierdapark – 012 653 3830

Centurion – Saxby Medicross – 087 944 1803

Benoni – Northmead – 011 425 0171

yolande@yvdwaudiology.co.za

 

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