Hearing Aid Tax Credit
You most likely know someone who has a hearing loss. Whether it affects a relative, child, friend or co-worker, or even yourself, hearing loss is a prevalent and often neglected concern. Hearing loss affects over 30 million Americans or 1 in every 10 people; in fact, it’s the second most common birth defect. Despite these staggering numbers and the fact that hearing aids could treat 95% of all hearing loss, Medicare and most insurance policies expressly exclude coverage, making treatment an expensive endeavor. The Hearing Aid Tax Credit is legislation drafted with these real concerns in mind. If enacted, it would provide a $500 tax credit per hearing aid available once every 5 years.
With an average cost of $1,800 including fitting and follow-up, hearing aid treatment can result in unexpectedly high costs for the average American. The tax credit would help millions of people seeking hearing aid treatment, as $500 can make the difference when deciding whether one can afford treatment. The tax credit has wide bi-partisan support, is supported by nearly every hearing health organization and advocacy group, and addresses a real and too often ignored healthcare need. Your support is needed, however, to let your Senators and Representative know that the Hearing Aid Tax Credit would make a real difference in your life. So please, contact your Congressmen and tell them how the Hearing Aid Tax Credit could help you.
Last Congress, the Hearing Aid Assistance Tax credit bill reached 130 cosponsors in the U.S. House and nine in the U.S. Senate. You can help to gain support for this initiative by visiting The Better Hearing Institute http://www.hearingaidtaxcredit.org/. Here you can locate your member of Congress and send an editable form letter urging support for H.R. 1479, as well as contact information for your legislator.