Hearing Aid Tax Credit Reintroduced by Senators.

13 Jan , 2017

Senators Dean Heller (R-NV) and Amy Klobuchar (D-MN) have reintroduced the bipartisan Hearing Aid Tax Credit (S. 48) which, if enacted, would provide a $500 credit or $1,000 credit (if two aids are necessary) to people of all ages, who need a hearing aid to address their hearing loss.

According to an announcement from the Hearing Industries Association (HIA), Medicare expressly excludes coverage of hearing aids, as do most private insurance policies. As a result, cost is often cited as a barrier by many people who do not seek treatment for their hearing loss. HIA, headquartered in Washington, DC, is the national trade association of manufacturers of hearing aids, assistive listening devices, component parts and power sources for amplification devices.