Hearing aid has been increasing in price since 2013, but is that because of a rising cost or because of an overall decline in demand?
The answer is both, as the new report released by the National Hearing Loss Association of Canada and the Centre for Evidence-Based Medicine notes.
The authors say they are concerned that the rise in hearing aid prices is the result of a growing body of evidence suggesting that there is a higher demand for hearing aids, but they also point out that many older people are getting better quality hearing aids.
The report also cites a growing number of studies showing that the average life expectancy of Canadians is now much lower than it was a generation ago, and that health care costs are also higher than they were even 10 years ago.
The Canadian Association of University Health Care Providers also has a statement on the price increase, saying it’s a direct result of the economic downturn, and a growing population of older Canadians.
The CBC’s Peter Mansbridge says some health care experts are also questioning whether the increase in hearing aids is justified.
The new report says that the cost of hearing aids has increased since the introduction of hearing-aid products in the 1990s.
The study notes that the new products have increased in price in recent years due to the introduction and availability of new technologies.
The average cost of a hearing aid is now more than $1,400, compared to $1 and $1.25 in 1995, according to the study.
The association also says that older Canadians are spending more money on hearing aids in general.
They’re spending more on hearing-Aid products than younger Canadians, with more than double the spending in people over 65.
Health Canada says that most older Canadians get hearing aids from the Canadian Association for Hearing and Speech.
The agency says that about 60 per cent of older people who get hearing aid have been using them for at least a decade.
The hearing aid industry says it believes there is no evidence that the increase is due to price increases.
The Association of Canadian Audiovisual Engineers says that many Canadians believe that there’s a higher rate of hearing loss, and it’s not the case.
It says that research shows that the number of older adults with hearing loss is not rising, and is actually falling.