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When looking into hearing aid options, costs are likely to be a contributing factor. Fortunately, most major insurance providers such as Medicare, Medicaid, Tricare, and the Department of Veteran Affairs offer some coverage.
What is the Average Cost of a Cochlear Implant?
The average cost of the cochlear device itself usually depends on the manufacturer, its features, level of technology, and where you purchase it from. Be sure to understand everything that is included in your purchase. You might want to consider warranty or follow-up care options.
Cochlear implantation surgery could cost anywhere from 30,000 to 50,000 dollars on average. This is a combination of surgery fees, consultations, hospital fees, and other implantation costs. After the initial implantation, there will also be costs required to keep up with the maintenance of the device, such as reprogramming and routine checkups. You can speak with your audiologist for help referencing funding options and eligibility. There are typically four funding avenue options, which include:
- Private Health Fund
- Self-Financing
- The State Government
- DVA (Gold/White card for hearing loss)
Does Medicare Cover the Cost of Cochlear Implant Surgey?
Medicare will cover 80 percent of cochlear implant surgery costs to those who qualify. Eligibility can depend on many factors, including the severity of your hearing loss. You may also be required to participate in a clinical trial to receive coverage.
Individuals who aren't covered by insurance and can't afford the out-of-pocket costs are encouraged to look into receiving financial assistance from organizations. Your cochlear implant center should have information on finding charities or organizations that will support your needs, like Foundation for Sight and Sound or Disabled Children's Relief Fund.
Contact Our Experienced Attorneys Today
If you or someone you know has suffered injuries caused by a defective or failing cochlear device, you may be entitled to financial compensation. You must consider working with a skilled attorney to understand your legal options fully.
To learn more about cochlear implant costs, call Shoop A Professional Law Corporation today at (866) 884-1717 or contact us online to schedule a FREE consultation!