• Hearing Loss costs the Australian economy $15.9 billion

Over 1.3 million Australians are living with Hearing Loss that could have been prevented – New Report Finds

Around 3.6 million Australians are affected by hearing loss, at a cost to the Australian economy of an estimated $15.9 billion, with more than a third (37%) of cases being preventable, according to a new report released by the HCIA. The Social and Economic Cost of Hearing Loss in Australia report projects that by 2060 the number of Australians with hearing loss will more than double to 7.8 million – equivalent to one in every five Australians. Of great concern is the number of young people aged 12 to 35 years found to be at risk of hearing loss, with up to 50% of young Australians likely to develop hearing loss after five years of exposure to loud music – an increase of 40% since the early 2000s. HCIA recommends cost-effective interventions including: a free hearing assessment screening program for people 50 years and over; and extending the hearing aid voucher program to cover low-income people of working age. [Read more…]