Alan: Most Americans receive health care via some form of health coverage, either from the government or private health insurance companies. However, hearing aids do not receive broad coverage, even though millions of Americans have hearing loss. The benefits of hearing health care are obvious: better health outcomes, better quality of life and lower total cost of health care. I believe that Amplifon is in a great position to enable access to hearing aids and related services in a significant way. Also, by delivering a high-quality hearing benefit, we can help health plans achieve their financial and member growth objectives.
Scott: For many people, there are stigmas associated with undergoing a hearing evaluation and potentially wearing hearing aids. On top of that is the significant out-of-pocket cost for consumers. At the same time, hearing aids are tremendously valuable because of their impact on overall health, including a reduced risk of serious health conditions such as depression and dementia. I joined Amplifon because we are uniquely positioned to help the growing number of Americans who need hearing aids by reducing their costs. In the process, we can help health plans address other costly critical health issues.