Maximize Health Benefits and Utilize FSA Funds Efficiently
Though only around 15 percent of employees receive hearing insurance, it can significantly alleviate cost concerns. Remember, unused benefits expire at the year’s close, so consult with your insurance company to understand your policy’s details.
If the ENT, Sinus & Hearing Care Center is on your insurer’s preferred provider list, we’ll handle the billing process directly with them. Here are some of the insurance providers we work with:
- United Health Care
- Among others
Many employers provide an FSA or HSA (Flexible Spending Account or Health Savings Account) option. This mechanism earmarks a portion of your pre-tax salary for potential medical expenses. Even though you’ll pay from your pocket, the funds are tax-free. If you’ve exhausted your FSA funds this year, plan for the subsequent year by considering your upcoming hearing requirements. Collaborate with your company’s benefits specialist to decide the tax-free amount you’d like to set aside from your salary.
Does Medicare cover my hearing care expenses?
Medicare Part B (Medical Insurance) caters to diagnostic hearing and balance exams but only when a primary care physician recommends them due to medical symptoms or conditions. Standard hearing tests, treatments, and accessories like hearing aids or fitting sessions are not covered by Medicare.
How about Medicaid’s coverage for hearing care?
For individuals below 21, states are mandated to offer benefits, which encompass necessary screenings, diagnostics, and essential medical treatments—including hearing aids and related services. Coverage for those above 21 is determined by individual state guidelines. We advise patients to research their specific state’s provisions, available on respective state websites.