Use Health Benefits and FSA Funds to Your Advantage
Hearing insurance, while only offered to about 15 percent of the workforce, when provided can give much relief to the cost of hearing aids. Be sure to contact your insurer for more detailed information about your specific policy. If Beaver Dam Hearing Care is a preferred provider with your insurance company, we will directly bill your insurance for payment. You will be billed for any unpaid balance not paid by your insurance.
Your employer may also offer an FSA or HSA (flexible spending account or health spending account) that pulls money from your paycheck pre-tax and sets it aside for future medical expenses. Hearing aids are one of the approved medical expenses these pre-tax dollars can be spent on. In these situations, the money to pay for the hearing aid would still come out of your pocket, but it would be untaxed. If you’ve already used your funds for the current year, please consider what your hearing needs will be next year when you sit down with your company’s benefits coordinator and decide how much of your paycheck you’d like to reserve tax-free for next year.
- Dean Health Insurance
- Network Health Insurance
- Unity Health Insurance
- Physician’s Plus
- John Deere – HAMS
- The Alliance