Hopefully, this will become a good example of the government getting out of our way:
Apparently, in the past, the hearing aid market was fraught with shady operators who emptied people's pockets to get these devices, whose supply was restricted by government regulations. It might also open the market up for new technology companies to come in with far advanced products.
Today, the U.S. Food and Drug Administration issued a final rule to improve access to hearing aids which may in turn lower costs for millions of Americans. This action establishes a new category of over-the-counter (OTC) hearing aids, enabling consumers with perceived mild to moderate hearing impairment to purchase hearing aids directly from stores or online retailers without the need for a medical exam, prescription or a fitting adjustment by an audiologist.
FDA Finalizes Historic Rule Enabling Access to Over-the-Counter Hearing Aids for Millions of Americans
FDA aims to improve access to affordable hearing aids for millions of Americans with perceived mild to moderate hearing impairment.
www.fda.gov
Apparently, in the past, the hearing aid market was fraught with shady operators who emptied people's pockets to get these devices, whose supply was restricted by government regulations. It might also open the market up for new technology companies to come in with far advanced products.