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JUL

Posted on Wednesday, July 11, 2012

Hearing Loss Affects Income

Business partners discuss communication in workplace.

26 million people live with untreated hearing loss. A majority of those people cite the high cost of hearing aids as the reason for refusing treatment, but individuals and society still pay the cost in lost income, higher health care costs, and lost taxes. Untreated hearing loss costs the average person 12,000 a year, and the collective monitory cost of untreated hearing loss is thought to exceed 100 billion dollars a year.

It is believed lower salary of people with untreated hearing loss is due to more mistakes made by their inability to engage in every day communication.

The ability to hear is a crucial component of communication, which is critical in any workplace. Listening to coworkers, customers, and implementing plans after the exchange of information play a critical role in every successful employee’s routine. A person who can’t hear can make more mistakes and be less productive. So it should come as no surprise that the National Family Opinion Panel study demonstrated that untreated hearing loss negatively affects household income by as much as 12,000 annually. The results of this study were reiterated by Better Hearing Institute in Alexandria, VA which also found 100 billion dollars were lost annually due to hearing loss.

Hearing loss not only cuts people off from other people, but it is exhausting for the person with this condition to try and keep up with conversations or directions. That’s why treating hearing loss has been repeatedly shown to improve income and basic quality of life for individuals. In fact, using hearing aid have been shown to raise income by as much as 50%. With this in mind, it seems unbelievable that a majority of individuals with hearing loss wait seven years to treat it, and that 90 % of people who could benefit from hearing aids don’t use them.

Untreated hearing loss ends up costing individuals and their family not only financially, but it also has an impact on relationships and has been closely linked with other health issues—like dementia and Alzheimer’s.

Studies prove the seriousness of not treating hearing loss continue to grow with delay. As people become aware of this staggering information, the trend toward hearing health will hopefully become more apparent. Hearing loss is not something that can be put off. Its impact is daily and long term, so see your audiologist and find out about today’s exciting new hearing solutions. A better, more fulfilled, and richer life waits.

If you'd like to learn more, see your hearing health provider. If you need help finding a hearing health provider click HERE to be connected with the largest network of trusted hearing health professionals in the nation!

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