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Is Hearing Loss Costing You Money?

Aug 14, 2014 Is Hearing Loss Costing You Money?

50 million Americans live with hearing loss every day, some with hearing aids, and many without. Unfortunately, most people with hearing loss leave it untreated, and miss out on entertainment, conversation and many joys in life. Something else they could be missing out on is money. Find out how hearing loss can be costing you much more than your hearing.

Hearing Loss: The Untreated Impairment

Hearing loss is an impairment that many people don’t treat until long after they know they have it. People recognize a problem with their hearing, visit an audiologist, and then delay getting ​hearing aids. Or, they delay seeing an audiologist altogether. But when people put off better hearing, they don’t just miss out on conversations. They also become more susceptible to depression, anxiety and social withdrawal because of their diminished hearing. Hearing loss can compromise heart and brain health, and contribute to various stress-related illnesses.

Hearing Loss Affects Your Finances

With hearing loss, it’s not just your health that suffers. It’s also your finances. More than half of the Americans with hearing loss are in the workforce, and when a person’s communication is compromised due to hearing loss, their job performance often suffers as well.

Missing Conversations

Without assisted listening devices like hearing aids or cochlear implants, a person with hearing loss will strain to hear conversations between coworkers, in meetings and on the phone. This strain leads to fatigue, frustration and stress, all of which impact job performance.

Job Performance Depends On Hearing Well

What happens when your job depends on how well you hear? What if you can’t hear an alarm, a safety warning, or the information someone is telling you so that you can successfully close a deal? Not being able to hear can lead to poor job performance, poor workplace reviews and lower compensation.

Billions Of Dollars Lost To Hearing Impairment

A national study by the ​Better Hearing Institute found people can lose as much as $30,000 per year as a result of untreated hearing loss in the workplace. This same study found that underemployment of people with hearing impairment led to a combined annual loss of a whopping $176 billion! People with hearing impairment are perfectly capable of working hard, and working well. But doing good work while trying to compensate for being unable to hear well is extremely difficult. And it’s something that is easily rectified with assisted listening devices.

Visit An Audiologist Today

So what can you do to make sure your pocketbook isn’t being affected? ​Book an appointment with an audiologist today to get your hearing tested, and work with your audiologist to make sure you continue to hear well for years to come.

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