Trends and Developments Impacting the Hearing Healthcare Industry-Trends and Developments Impacting the Hearing Healthcare Industry (Slides)

Trends and Developments Impacting the Hearing Healthcare Industry (Slides)

Pdf Summary

This presentation discusses trends and developments impacting the hearing healthcare industry. The first part focuses on Medicare, with statistics provided on the number of people enrolled in the program and the anticipated increase in enrollment by 2030. It clarifies that Original Medicare does not cover hearing aids, while Medicare Advantage plans do provide coverage for hearing healthcare services. The presentation highlights the growing enrollment in Medicare Advantage plans and the percentage of plans that offer hearing care benefits. It also mentions the impact of third-party administrators contracting with Medicare Advantage plans to offer hearing aid benefits.<br /><br />The second part of the presentation discusses the developments in over-the-counter (OTC) hearing aids. It provides a timeline of recommendations and legislation related to OTC hearing aids and mentions the recent approval of Bose's self-fitting hearing aid. The presentation questions the potential impact of OTC hearing aids on consumer demand and emphasizes the importance of safety and efficacy regulations.<br /><br />The third part focuses on telemedicine in audiology, highlighting the challenges faced by the industry and the potential benefits of telepractice in addressing these challenges. It presents the concept of synchronous teleaudiology and the use of remote testing, counseling, fitting, and service and support in improving access to hearing care.<br /><br />The presentation concludes with a survey of patients and providers on their experience with telehealth appointments and invites attendees to submit questions. Contact information for Gary Rosenblum and Doug Beck is provided for further inquiries, and information on obtaining a CE credit for the webinar is also provided.

Keywords

hearing healthcare industry

Medicare

Medicare Advantage plans

hearing care benefits

over-the-counter hearing aids

OTC hearing aids

telemedicine in audiology

synchronous teleaudiology

remote testing

telehealth appointments