Post by nib Group

Hearing loss affects millions of Australians, yet cost remains one of the biggest obstacles to treatment: Hearing aids can cost upwards of $4,500 per device. Through a national partnership with Specsavers Audiology, nib customers who have Extras cover that includes hearing aids, and those who qualify for the Government Hearing Services Program (HSP), can access hearing devices at Specsavers Audiology at either no or reduced cost.   Why this matters: - 1 in 2 Australian adults report hearing issues, but only 7% take action.  - Untreated hearing loss is linked to cognitive decline, depression, and social isolation.  - People wait an average of 8 years before seeking help - mostly due to stigma and cost.   James Barr, Chief Executive, Australian Private Health Insurance at nib Group said: “At nib, we are lowering costs to help make hearing aids accessible to more Australians. Our customers can combine government support with their nib Extras cover to access high-quality hearing devices at no or lower out-of-pocket costs, aiming to improve health outcomes.” Read the full story here https://lnkd.in/gxkBMUxc Find out more at https://lnkd.in/gGM7jAUY #HealthcareInnovation #Partnerships #Accessibility #nibGroup #nib #SpecsaversAudiology