Stack of new $100 bills

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

If your hearing keeps getting worse, it could cost you up to $30,000 per year, even if you think that it’s fine right now. Not only could you end up injuring yourself by neglecting your hearing loss, you could also cost yourself income and lost opportunities by missing important medical or work information.

Lost opportunities and unemployment

Your job performance will be effected if you’re not hearing everything you should. Your inability to hear coworkers could cause a deterioration in relationships and you could lose opportunities for future projects because you couldn’t follow instructions on past projects. If you become socially secluded at work, you could end up less noticed by people at every level of the company. You may not be capable of reaching your max earning potential as these little things multiply over time. A study by the Better Hearing Institute found that people who have untreated hearing loss earned, on average, $20,000 less a year than those who dealt with their hearing loss.

Research also indicates that individuals with untreated hearing loss have an increased chance of being unemployed. An untreated severe hearing loss translates into a 15 percent greater chance of being unemployed. Not seeking treatment, consequently, could cost you a lot of money as the years go on.

Falls will cost you even more in medical expenses

You’ll have a higher chance of having a fall if you’re dealing with untreated hearing loss which can deal you another financial setback. The risk of falling is raised by 300% for people with even minor neglected hearing loss as detailed by one study. Additionally, for every 10 dB increase in hearing loss, there is a 1.4-fold increase in falls. The vestibular system handles balance and researchers believe there might be a link between the degree of hearing loss and how it impacts that system. Or, it may also be possible that someone with neglected hearing loss simply gets lost in their environment because they’re overcompensating with their other senses. And when you have a fall it frequently leads to an expensive trip to the doctor.

Increased general health problems

But that’s not all. If you are unable to hear well, you might miss instructions from your physician. When it involves your health, you could have worse results if you miss information and that can lead to increased health costs. All of these incidents add up to a major financial gap. Several studies have linked untreated hearing loss to considerably increased medical expenses over time. In one study, it was revealed that these people will have a 40% higher risk of visits to the emergency room and over a ten year period, will shell out more than $20,000. A more recent study from the University of South Carolina indicated that neglected hearing loss led to a 33% increase in healthcare costs over an 18 month period.

Moderate to severe neglected hearing loss can result in a substantially higher risk of death according to a study circulated by Johns Hopkins University.

So, if you want to protect yourself both physically and financially, it’s time to get your hearing checked. Depending on the results of that test, you may need to invest in hearing aids. You will most likely get a pleasant surprise if you do. Contemporary hearing aids are incredibly clear and comfortable. Take advantage of the available technology to make your life better in all respects.

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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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