Several years ago, the non-profit Better Hearing Institute published a report titled “The Impact of Untreated Hearing Loss on Household Income.” The report analyzed data retrieved from a survey of 40,000 households consisting of a mixture of “heads of households” with hearing loss who wore hearing aids, with hearing loss who didn’t wear hearing aids, and ones without hearing loss.
The purpose of the report was to “quantify the relationship between treated and untreated hearing loss and income.”
Based on the survey and data results, the report concluded that letting hearing loss go untreated has significant income ramifications, specifically:
- “Hearing loss was shown to negatively impact household income on-average up to $12,000 per year depending on the degree of hearing loss
- The use of hearing instruments was shown to mitigate the [income] effects of hearing loss by 50%
- The estimated cost in lost earnings due to untreated hearing loss is $122 billion”
The report linked the income disparity to several factors, including hurdles with effective communication, underemployment, and physical and mental health issues that may affect job performance.
Why add an unnecessary obstacle to your quality of life? Take a proactive approach to any hearing loss by scheduling a free consultation with a hearing healthcare professional in your area today.