If you need hearing aids but can’t afford them, you might be able to buy them using a financing or payment plan. These services allow you to pay over time with low or no interest.
They can also help you get the latest Lyric technology. They can be purchased through private health insurance, the Australian government’s Hearing Services Program or other subsidised programs. For more information about the hearing aids payment plan Adelaide, click here.
HELPCard
The HELPcard is the leading provider of financing for the healthcare industry. Their programs solve the affordability hurdle for consumers and provide providers with a way to serve more patients with complete hearing healthcare solutions. Their healthcare credit card is designed to finance the private-pay portion of healthcare expenses. It can finance office visits, surgical costs, medical equipment, rehabilitation services, or other healthcare expenses. They are owned and operated by their employees and pride themselves on friendly service.
CareCredit
CareCredit is a medical credit card that allows patients to pay for out-of-pocket healthcare expenses. It is a popular option for many health centres looking to offer financing options to their patients, and it is an excellent choice for people who don’t have good access to traditional lending resources. However, consider a few things before choosing CareCredit as your healthcare credit card provider.
Klarna
Klarna is an online payment system offering customers transparent, flexible ‘buy now, pay later’ options. It is simple to integrate into retailers’ checkout processes and can be customised to fit the look and feel of the retailer’s site. Its ‘Snooze’ feature allows customers to delay payments for ten days, and it has a customer support team that can talk to customers about repayments.
Unlike other buy now, pay later companies, Klarna only checks your credit with a soft credit inquiry, which does not affect your score. It also does not report your payment history to credit bureaus, which makes it a safe option for consumers who don’t want to damage their credit score. However, some financing plans require a hard credit check, which may lower your score by a few points. It is because of the increased risk to the lender.
Affirm
If you’re interested in financing your hearing aids, several options are available. Some credit cards offer 0% interest for up to 24 months, while others require a higher credit score or may have a different repayment schedule. In addition, many banks offer credit cards specifically for healthcare expenses, such as AARP’s Mastercard, with 2% cash back on hearing aids and other medical equipment and services.
Another option is to use a buy-now-pay-later (BNPL) financing app, such as Klarna, Affirm, or Afterpay. These apps are designed to let users purchase consumer electronics and other products online and make low, affordable payments over a short period. They work best for people with good incomes who can pay the balance monthly.
Unlike a traditional credit card, BNPL apps don’t charge any fees for making late payments or over-the-limit charges. BNPL payment plans are also great for buyers of lower-priced hearing aids, such as subscription models from Whisper and Yes Hearing.
The World Health Organisation reports that 278 million people globally have moderate to severe hearing impairment. It places a heavy social and economic burden on individuals, families, communities and countries. Hearing loss and deafness are often associated with other disabilities such as vision impairment, balance disorders and dementia. Hearing impairment and deafness are largely preventable and treatable through early detection and intervention.
Hearing aids are tiny technological marvels packed with microphones (often more than one), amplifiers and receivers to support your hearing. They are made from sophisticated materials and are designed to survive heat, moisture and humidity. They contain computer chips to maximise your hearing potential and have a variety of settings to suit different listening environments.
