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Tag: Government-funded health insurance

  • FDA change ushers in cheaper, easier-to-get hearing aids

    FDA change ushers in cheaper, easier-to-get hearing aids

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    It’s now a lot easier — and cheaper — for many hard-of-hearing Americans to get help.

    Hearing aids can now be sold without a prescription from a specialist. Over-the-counter, or OTC, hearing aids started hitting the market in October at prices that can be thousands of dollars lower than prescription hearing aids.

    About 30 million people in the United States deal with hearing loss, according to the Food and Drug Administration. But only about 20% of those who could use a hearing aid seek help.

    Here’s a closer look:

    WHO MIGHT BE HELPED

    The FDA approved OTC hearing aids for adults with mild-to-moderate hearing loss. That can include people who have trouble hearing phone calls or who turn up the TV volume loud enough that others complain.

    It also can include people who have trouble understanding group conversations in noisy places.

    OTC hearing aids aren’t intended for people with deeper hearing loss, which may include those who have trouble hearing louder noises, like power tools and cars. They also aren’t for people who lost their hearing suddenly or in just one ear, according to Sterling Sheffield, an audiologist who teaches at the University of Florida. Those people need to see a doctor.

    HEARING TEST

    Before over-the-counter, you usually needed to get your hearing tested and buy hearing aids from a specialist. That’s no longer the case.

    But it can be hard for people to gauge their own hearing. You can still opt to see a specialist just for that test, which is often covered by insurance, and then buy the aids on your own. Check your coverage before making an appointment.

    There also are a number of apps and questionnaires available to determine whether you need help. Some over-the-counter sellers also provide a hearing assessment or online test.

    WHO’S SELLING

    Several major retailers now offer OTC hearing aids online and on store shelves.

    Walgreens drugstores, for example, are selling Lexie Lumen hearing aids nationwide for $799. Walmart offers OTC hearing aids ranging from about $200 to $1,000 per pair. Its health centers will provide hearing tests.

    The consumer electronics chain Best Buy has OTC hearing aids available online and in nearly 300 stores. The company also offers an online hearing assessment, and store employees are trained on the stages of hearing loss and how to fit the devices.

    Overall, there are more than a dozen manufacturers making different models of OTC hearing aids.

    New devices will make up most of the OTC market as it develops, Sheffield said. Some may be hearing aids that previously required a prescription, ones that are only suitable for people with mild to moderate hearing loss.

    Shoppers should expect a lot of devices to enter and leave the market, said Catherine Palmer, a hearing expert at the University of Pittsburgh.

    “It will be quite a while before this settles down,” she said.

    WHAT TO WATCH FOR

    Look for an OTC label on the box. Hearing aids approved by the FDA for sale without a prescription are required to be labeled OTC.

    That will help you distinguish OTC hearing aids from cheaper devices sometimes labeled sound or hearing amplifiers — called a personal sound amplification product or PSAP. While often marketed to seniors, they are designed to make sounds louder for people with normal hearing in certain environments, like hunting. And amplifiers don’t undergo FDA review.

    “People really need to read the descriptions,” said Barbara Kelley, executive director of the Hearing Loss Association of America.

    And check the return policy. That’s important because people generally need a few weeks to get used to them, and make sure they work in the situations where they need them most. That may include on the phone or in noisy offices or restaurants.

    Does the company selling OTC devices offer instructions or an app to assist with setup, fit and sound adjustments? A specialist could help too, but expect to pay for that office visit, which is rarely covered by insurance.

    Sheffield said hearing aids are not complicated, but wearing them also is not as simple as putting on a pair of reading glasses.

    “If you’ve never tried or worn hearing aids, then you might need a little bit of help,” he said.

    THE COST

    Most OTC hearing aids will cost between $500 and $1,500 for a pair, Sheffield said. He noted that some may run up to $3,000.

    And it’s not a one-time expense. They may have to be replaced every five years or so.

    Hearing specialists say OTC prices could fall further as the market matures. But they already are generally cheaper than their prescription counterparts, which can run more than $5,000.

    The bad news is insurance coverage of hearing aids is spotty. Some Medicare Advantage plans offer coverage of devices that need a prescription, but regular Medicare does not. There are discounts out there, including some offered by Medicare Advantage insurer UnitedHealthcare in partnership with AARP.

    Shoppers also can pay for the devices with money set aside in health savings accounts or flexible spending accounts.

    Don’t try to save money by buying just one hearing aid. People need to have the same level of hearing in both ears so they can figure out where a sound is coming from, according to the American Academy of Audiology.

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    Follow Tom Murphy on Twitter: @thpmurphy

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    The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.

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  • Missouri man admits 26-year Social Security fraud

    Missouri man admits 26-year Social Security fraud

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    ST. LOUIS — An eastern Missouri man has admitted that he stole almost $200,000 by collecting his mother’s Social Security benefits for 26 years after her death.

    Reginald Bagley, 62, of Dellwood, pleaded guilty Thursday to a felony charge of stealing money belonging to the United States, the U.S. Attorney’s Office in Eastern Missouri said in a news release.

    Bagley did not report his mother’s death on March 12, 1994, to the Social Security Administration.

    Instead, in 1998 he set up a bank account to have her benefits directly deposited. The bank statements were sent to his address, with the name of either Bagley or his mother on them, prosecutors said.

    The scheme unraveled when the Social Security Administration tried to contact Bagley’s mother because she was not using her Medicare benefits.

    Bagley closed the bank account and received a cashier’s check for the remaining balance on July 24, 2020.

    In all, Bagley stole $197,329 in Social Security benefits, prosecutors said.

    At his sentencing on March 29, Bagley will be ordered to repay the money. He faces a maximum penalty of up to 10 years in prison, a $250,000 fine or both.

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  • Trump says US ‘in decline’; Biden has his own dire warning

    Trump says US ‘in decline’; Biden has his own dire warning

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    LATROBE, Pa. — Former President Donald Trump is predicting America’s destruction if his fellow Republicans don’t deliver a massive electoral wave on Tuesday. Democrats, led by President Joe Biden and two other former presidents, are warning that abortion rights, Social Security and even democracy itself are at stake.

    Three of the six living presidents delivered dire closing messages Saturday in battleground Pennsylvania entering the final weekend of the 2022 midterm elections, but their words echoed across the country as millions of Americans cast ballots to decide the balance of power in Washington and in key state capitals. Polls across America will close on Tuesday, but more than 39 million people have already voted.

    On Sunday, Biden was set to campaign in suburban New York, while Trump was headed to Florida.

    “If you want to stop the destruction of our country and save the American dream, then on Tuesday you must vote Republican in a giant red wave,” Trump told thousands of cheering supporters as he campaigned Saturday in western Pennsylvania, describing the United States as “a country in decline.”

    Earlier in the day, Biden shared the stage with former President Barack Obama in Philadelphia, the former running mates campaigning together for the first time since Biden took office. In neighboring New York, even former President Bill Clinton, largely absent from national politics in recent years, was out defending his party.

    “Sulking and moping is not an option,” Obama charged. “On Tuesday, let’s make sure our country doesn’t get set back 50 years.”

    Not everyone, it seemed, was on message as the weekend began.

    Even before arriving in Pennsylvania, Biden was dealing with a fresh political mess after upsetting some in his party for promoting plans to shut down fossil fuel plants in favor of green energy. While he made the comments in California the day before, the fossil fuel industry is a major employer in Pennsylvania.

    Sen. Joe Manchin, D-W.Va., chair of the Senate Energy and Natural Resources Committee, said the president owed coal workers across the country an apology. He called Biden’s comments “offensive and disgusting.”

    Trump seized on the riff in western Pennsylvania, charging that Biden “has resumed the war on coal, your coal.”

    The White House said Biden’s words were “twisted to suggest a meaning that was not intended; he regrets it if anyone hearing these remarks took offense” and that he was “commenting on a fact of economics and technology.”

    Democrats are deeply concerned about their narrow majorities in the House and Senate as voters sour on Biden’s leadership amid surging inflation, crime concerns and widespread pessimism about the direction of the country. History suggests that Democrats, as the party in power, will suffer significant losses in the midterms.

    Trump peeked ahead toward Florida as he campaigned in Pennsylvania, slapping at the state’s Republican governor, Ron DeSantis. After displaying recent presidential poll numbers on the big screens, Trump called DeSantis, a potential 2024 GOP rival, “Ron DeSanctimonious.”

    Trump’s weekend travels were part of a late blitz that will also take him to Ohio. He’s hoping a strong GOP showing on Tuesday will generate momentum for the 2024 run that he’s expected to launch in the days or weeks after polls close.

    Over and over on Saturday, Trump falsely claimed he lost the 2020 election only because Democrats cheated, while raising the possibility of election fraud this coming week. In part, because of such rhetoric, federal intelligence agencies have warned of the possibility of political violence from far-right extremists in the coming days.

    “Everybody, I promise you, in the very next — very, very, very short period of time, you’re going to be happy,” Trump said of another White House bid. “But first we have to win an historic victory for Republicans on Nov. 8.”

    Biden’s Pennsylvania address was largely the same he has been giving for weeks — spotlighting a grab bag of his major legislative achievements, while warning that abortion rights, voting rights, Social Security and Medicare are at risk should Republicans take control of Congress.

    The president highlighted the Inflation Reduction Action, passed in August by the Democratic-led Congress, which includes several health care provisions popular among older adults and the less well-off, including a $2,000 cap on out-of-pocket medical expenses and a $35 monthly cap per prescription on insulin. The new law also requires companies that raise prices faster than overall inflation to pay Medicare a rebate.

    But with a bigger and more energetic audience in his home state, Biden’s energy seemed lifted.

    “We have to reaffirm the values that have long defined us,” Biden said of threats to democracy. “We are good people. I know this.”

    He added: “Get out and vote!”

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    Learn more about the issues and factors at play in the midterms at https://apnews.com/hub/explaining-the-elections. And follow the AP’s election coverage of the 2022 elections at https://apnews.com/hub/2022-midterm-elections.

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  • Pfizer says COVID-19 vaccine will cost $110-$130 per dose

    Pfizer says COVID-19 vaccine will cost $110-$130 per dose

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    Pfizer will charge $110 to $130 for a dose of its COVID-19 vaccine once the U.S. government stops buying the shots, but the drugmaker says it expects many people will continue receiving it for free.

    Pfizer executives said the commercial pricing for adult doses could start early next year, depending on when the government phases out its program of buying and distributing the shots.

    The drugmaker said it expects that people with private health insurance or coverage through public programs like Medicare or Medicaid will pay nothing. The Affordable Care Act requires insurers to cover many recommended vaccines without charging any out-of-pocket expenses.

    A spokesman said the company also has an income-based assistance program that helps eligible U.S. residents with no insurance get the shots.

    The price would make the two-dose vaccine more expensive for cash-paying customers than annual flu shots. Those can range in price from around $50 to $95, depending on the type, according to CVS Health, which runs one of the nation’s biggest drugstore chains.

    A Pfizer executive said Thursday that the price reflects increased costs for switching to single-dose vials and commercial distribution. The executive, Angela Lukin, said the price was well below the thresholds “for what would be considered a highly effective vaccine.”

    The drugmaker said last year that it was charging the U.S. $19.50 per dose, and that it had three tiers of pricing globally, depending on each country’s financial situation. In June, the company said the U.S. government would buy an additional 105 million doses in a deal that amounted to roughly $30 per shot. The government has the option to purchase more doses after that.

    Pfizer’s two-shot vaccine debuted in late 2020 and has been the most common preventive shot used to fight COVID-19 in the U.S.

    More than 375 million doses of the original vaccine, which Pfizer developed with the German drugmaker BioNTech, have been distributed in the U.S., according to the Centers for Disease Control and Prevention.

    That doesn’t count another 12 million doses of an updated booster that was approved earlier this year.

    The vaccine brought in $36.78 billion in revenue last year for Pfizer and was the drugmaker’s top-selling product.

    Analysts predict that it will rack up another $32 billion this year, according to FactSet. But they also expect sales to fall rapidly after that.

    More than 90% of the adult U.S. population has already received at least one dose of COVID-19 vaccine, according to the CDC. But only about half that population has also received a booster dose.

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    The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.

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