The Hearing and Speech Center offers several leasing plans for hearing aids:

Leasing programs available

36 to 60 month plans
• Just like leasing a car
• give back the aid at the end of the lease
• Or buy it at a predetermined value
• Or trade it in on a newer model, any brand

For example, a Senso Plus CIC aid
• Less than $130 per month for 3 years
• with full coverage
• Or less than $80 per month for 5 years
• with standard warranty plan
• and good credit
• (about $100/month very poor credit)
• Senior pricing slightly less

Advantages
• Low monthly payments
• Keeps credit cards available for emergencies
• Low up front cost
• Easy to upgrade to newer technology every three years
• We provide service and maintenance under our Complete Hearing Health Care Plan, just like a normal purchase

Disadvantages
• Leasing with third party
• No escape, all payments must be made
• just like all leases
• Can't get out of lease early

Extended warranty plans
• Included in 3 year lease
• Repair, Loss, and damage included
• Optional on 4 and 5 year leases
• Included on 6 year lease (DSP aids only)

Down payment
• First month's lease plus security deposit
• Security deposit equals one month's lease
• So, down payment is two month's lease
• Payable at time of order
• Security deposit returned at end of lease
• Not refunded if hearing aid returned at end of 30 day trial

End of lease
• Can trade for new hearing aids
• Roll over security deposit
• New lease price based on price of new hearing aids
• Can turn-in hearing aids and get security deposit back
• Can buy hearing aids
• Cost equals 5 monthly payments for 36 month plan
• 4 actually, because can apply security deposit refund
• 4 payments (3 actually) for 48 month plan
• 3 payments (2 actually) for 60 month plan
• Returned aids sent back to leasing company

Process
• Patient fills out leasing form
• Faxed or called into Leasing company
• Leasing company replies within 2 hours
• Normally in 15 minutes
• Quicker by phone