Estimated SC Financial Impact: Based on the previously proposed max coverage of $3,000 per aided ear and allowable hearing aid replacement every three years, the cost to SC insured residents is estimated at ~ $0.42 annually or roughly $0.035 monthly.  

Several states have published research findings about the financial impact to insured residents as a result of offering hearing aid insurance benefits to children. North Carolina estimated $0.03 monthly, Wisconsin $0.17 monthly for hearing aids and cochlear implants, and California $0.03 monthly. Following similar cost calculation models, SC statistics were gathered to estimate the cost of hearing aid insurance benefits to SC insured residents. 

Educational Costs

loss of income

Extra Extra...Read All About It

Economic Costs Associated with Mental Retardation, Cerebral Palsy, Hearing Loss, and Vision Impairment Read 

A White Paper Addressing the Societal Costs of Hearing Loss and Issues in Third Party Reimbursement Read

Evaluation of Social and Economic Costs of Hearing Impairment Read

Are 1 Million Dependents with Hearing Loss In America Being Left Behind? Read 

The Consequences of Untreated Hearing Loss in Older Person Read

Quantifying the Obvious: The Impact of Hearing Instruments on Quality of Life Read