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Hearing Aid Assistance Tax Credit Act – H.R. 2329/S. 1410
You most likely know someone who has a hearing loss. Whether it affects a relative, child, friend or co-worker, or even yourself, hearing loss is a prevalent and often neglected concern. Hearing loss affects over 30 million Americans or 1 in every 10 people; in fact, it's the second most common birth defect. Despite these staggering numbers and the fact that hearing aids could treat 95% of all hearing loss, Medicare and most insurance policies expressly exclude coverage, making treatment an expensive endeavor. The Hearing Aid Tax Credit (H.R. 2329 and S. 1410) is legislation drafted with these real concerns in mind. If enacted, it would provide a $500 tax credit per hearing aid available once every 5 years for dependents and for those aged 55 and older.
With an average cost of $1,800 including fitting and follow-up, hearing aid treatment can result in unexpectedly high costs for the average American. The tax credit would help millions of people seeking hearing aid treatment since $500 can make the difference when deciding whether you can afford treatment. The tax credit has wide bi-partisan support, is supported by nearly every hearing health organization and advocacy group, and addresses a real and too often ignored healthcare need. Your support is needed, however, to let your Senators and Representative know that the Hearing Aid Tax Credit would make a real difference in your life. So please, contact your Congressmen and tell them how the Hearing Aid Tax Credit could help you.