Below is information from the Better Hearing Institute:
- The majority of people with hearing loss are still in the workforce. That’s more than 20 million Americans.
- Workers with hearing loss are five times more likely to take sick-days due to severe stress than their co-workers without hearing loss. Perhaps this is because most people with hearing loss don’t get tested and treated.
- Hearing loss is linked to a three-fold risk of falling among working-aged people (40 to 69) whose hearing loss is just mild. Falls and fall-related injuries cost billions in healthcare costs in the United States each year.
- Unaddressed hearing loss often leads to isolation, anxiety, and depression. For employers, the estimated annual economic burden of depression, sadness, and mental illness is $348.04 per employee. More absences from work are due to depression, sadness, and mental health issues than any other illness.
- Hearing loss is linked to heart disease. Some researchers even hypothesize that hearing loss could be an early warning against heart disease-America’s number one killer- potentially presenting an opportunity for early intervention, better outcomes, and contained healthcare costs. Heart disease is a huge expense for American businesses, tallying $368.34 per employee per year when averaged across all employees.
Perhaps the most eye-opening statistics for workers themselves to consider, however, are these:
- People with untreated hearing loss lose up to $30,000 in income annually, depending on their degree of hearing loss. That’s a loss to society of $26 billion in unrealized federal taxes; and an estimated aggregate yearly income loss of $176 billion due to underemployment.
- People with hearing loss who do not use hearing aids are nearly twice as likely to be unemployed as their peers who use hearing aids.