Paul makes a good case for hearing aids costing more than $800 but.......
It escapes me where the extra $1000 dollars comes from for the
"technologically superior" aids. I personally don't spent THAT much extra
time with patients wearing those aids (in fact often times I spend much
less). So the argument that the user is paying for the professional time
really is starting to wear thin. Even at "attorney fee rates" assuming 3
additional 1 hour office visits, the difference would amount to 1/3 of the
difference. Yes, the manufacturer charges more (not always justafiable),
so there's an additional 100 or so......There is still $600 to be
accounted for. Could it be that rent is due and business is down????
Let's put the concerns of the hearing impaired back as a priority. I
believe in high tech but as a small time manufacturer myself I KNOW high
tech can still be dispensed for $800. It will mean that competition puts
some of the dispensers out of business so those who are left have more
business enabeling profit margins closer to that of most other industries.