Have your family, friends, and co-workers been requesting that you invest in hearing aids but you’ve been stubbornly avoiding it? Are you feeling that right now you really don’t need a hearing aid or that you’re not losing enough to justify buying one?
Even if you believe you’re doing fine at the moment, your hearing loss might catch up with you – and if that happens, it could possibly cost you upwards of $30,000 per year. Not having part of your hearing means you might miss significant work or medical details and opportunities, and you could end up injuring yourself physically, as well.
Unemployment and lost opportunities
Your job performance will be effected if you aren’t hearing everything you should. Your inability to hear coworkers could cause a breakdown in relationships and you could lose opportunities for upcoming projects because you failed to follow instructions on previous projects. You could end up being overlooked by people at every level if you become socially secluded at work. You might not be capable of reaching your max earning potential as these little things add up over time. People who are treating their hearing loss earn, on average, $20,000 more than people with neglected hearing loss according to a study carried out by the Better Hearing Institute.
Unemployment rates are also higher for people with untreated hearing loss, according to another study. People who don’t address their hearing loss will be 15% more likely to be unemployed. So, as the years pass, neglected hearing loss could end up costing you lot’s of money.
Falls will cost you even more in medical expenses
You’ll have a higher likelihood of falling if you have untreated hearing loss which can deal you another financial setback. The risk of falling is raised by 300% for individuals who have even mild untreated hearing loss as detailed by one study. also, there is a 1.4-fold increase in falls for every additional 10 dB of hearing loss. The researchers speculated that there might be a connection between the level of hearing loss and effects on the vestibular system, which controls balance, or that individuals who have greater impairment simply became more wrapped up in compensating for the loss than paying attention to particular physical hazards. And when you have a fall it frequently results in a costly trip to the doctor.
Worse health consequences
But that isn’t it. If you are unable to hear well, you could miss information from your doctor. If you miss information from your doctor, you could end up having worse consequences in health matters, thus leading to more costs and more issues. All of these occurrences add up to a major financial gap. Multiple studies have linked untreated hearing loss to substantially increased medical costs over time. In one study, it was reported that these people will have a 40% increased chance of trips to the emergency room and over a ten year period, will pay out over $20,000. A more recent study from the University of South Carolina revealed that neglected hearing loss resulted in a 33% increase in healthcare costs over an 18 month time period.
Moderate to severe neglected hearing loss can lead to a significantly increased danger 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 evaluated. Depending on the test results, you might need to invest in hearing aids. If you do, you’ll probably be fairly surprised. Contemporary hearing aids are incredibly clear and comfortable. Make your total life better by taking advantage of this fantastic 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