: ‘It democratizes what you get’: Hearing aids are now available over the counter — what you need to know

by | Oct 18, 2022 | Stock Market

With the arrival of over-the-counter hearing aids, there’s a lot to sift through in terms of types of devices and what to look out for. Here’s a guide to get started. The Food and Drug Administration issued final regulations in August, opening the door to over-the-counter hearing aid sales on Oct. 17, nationwide — without a prescription. The hearing aids can now cost hundreds of dollars, rather than several thousands. The White House estimated that people could see nearly $3,000 in savings when they buy over-the-counter devices.

Read: Walmart to begin selling hearing aids  About 15% of American adults (37.5 million) aged 18 and over report some trouble hearing, according to the National Center for Health Statistics. The OTC devices are not meant for children or adults with severe hearing difficulties, according to the National Institutes of Health. Although hearing aids can’t restore normal hearing, they can improve your hearing by amplifying sounds that you’ve had difficulty hearing, according to the Mayo Clinic. OTC hearing aids make sounds louder so adults are better able to listen, communicate, and participate in daily activities. Read: People who do this one thing every day have half the dementia risk that the rest of us do The impact of hearing loss can be far-reaching, and it’s crucial to address it. If you have hearing loss, you have a greater chance of developing dementia, according to a 2020 Lancet commission report that listed hearing loss as one of the top risk factors for dementia. Now, with the OTC availability, adults will be able to try a device on their own rather than seeing a doctor a …

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