Stack of new $100 bills

Have you resisted the calls from family, friends, and co-workers to finally get a hearing aid? Are you feeling like your hearing loss isn’t that severe at the moment and getting a hearing aid isn’t worth it?

If your hearing continues to worsen, it could cost you as much as $30,000 each year, even if you assume that it’s fine for now. Going without a portion of your hearing means you might miss significant work or medical details and opportunities, and you could end up hurting yourself physically, as well.

Unemployment and missed opportunities

Your job performance will be effected if you’re not hearing everything you need to. You could get passed up for future projects because you couldn’t follow instructions on past work, or your relationship with co-workers may have deteriorated due to your being unable to hear them. You could wind up being overlooked by people at all levels if you become socially isolated at work. These “small” things add up over time and affect your ability to attain your highest earning potential. Research conducted by the Better Hearing Institute revealed that individuals who have neglected hearing loss earned, on average, $20,000 less a year than those who dealt with their hearing loss.

Research also suggests that individuals with untreated hearing loss have an increased danger of being unemployed. Individuals who don’t treat their hearing loss will be 15% more likely to be unemployed. So, as time passes, neglected hearing loss may wind up costing you lot’s of money.

Falls will cost you even more in medical bills

Untreated hearing loss can cause another financial hit by actually making you more likely to fall. One study revealed that even individuals with slight untreated hearing loss increase their risk of falling by 300 percent. And, for every 10 dB increase in hearing loss, there is a 1.4-fold increase in falls. The vestibular system manages balance and researchers think there may be a connection between the degree of hearing loss and how it affects that system. Or, it might also be possible that somebody with untreated hearing loss just gets disoriented in their environment because they’re overcompensating with their other senses. And of course, those falls result in more medical bills, and thus more money out of your pocket.

Worse health outcomes

But there’s more to it than only that. You could be missing some of the advice from your doctor if you have untreated hearing loss. If you miss information from your doctor, you may wind up having worse consequences in health matters, thus leading to more bills and more issues. All of these incidents add up to a significant financial gap. Numerous studies have linked neglected hearing loss to considerably increased medical costs over time. One study said the average increase was more than $20,000 over a ten year period and that these people were 40% more likely to go to the emergency room. The University of South Carolina released a study that indicated a 33% increase in healthcare costs for people with untreated hearing loss over an 18 month period.

Another study conducted by Johns Hopkins University suggested that individuals with untreated moderate to profound hearing loss had a considerably higher risk of death.

So, if you want to protect yourself both physically and financially, it’s time to have your hearing examined. You may need hearing aids depending on the test results. If you do, you’ll likely be pleasantly surprised. Hearing aids nowadays are state-of-the-art, really comfortable to wear, and sound clear. Make your overall life better by taking advantage of this amazing technology.

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References

https://publichealth.jhu.edu/2018/patients-with-untreated-hearing-loss-incur-higher-health-care-costs-over-time
https://www.utsouthwestern.edu/newsroom/articles/year-2022/july-hearing-loss-and-falls

The site information is for educational and informational purposes only and does not constitute medical advice. To receive personalized advice or treatment, schedule an appointment.

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