Picture of money in the drainHave you resisted the calls from family, friends, and co-workers to finally get a hearing aid? Do you think that you really don’t need a hearing aid or that you’re not missing enough to warrant getting one?

Even if you think you’re doing fine right now, your hearing loss could catch up with you — and if it does, it could cost you upwards of $30,000 per year. Going without part of your hearing means you may miss important work or medical information and opportunities, and you could end up hurting yourself physically, too.

Lost Opportunities and Unemployment

If you’re not hearing everything you’re supposed to, it will eventually impact your work performance. You could lose out on future projects because you didn’t follow instructions on previous work, or your relationship with co-workers could have deteriorated due to you being unable to hear them. If you become socially isolated at work, you could end up overlooked by people at all levels of the company.

People with hearing loss that hasn’t been treated also have a higher risk of being unemployed. An untreated severe hearing loss translates into a 15 percent greater chance of being unemployed. Not getting treatment, therefore, could cost you a lot of money as the years go on.

Additional Medical Bills From Falls

Untreated hearing loss can deal another financial blow by actually making you more likely to fall. A 2012 study found that those with hearing loss had a 1.4-fold increase in falls for every additional 10 dB of hearing loss. The researchers speculated that there could be a link between the degree of loss and effects on the vestibular system, which handles balance, or that people with greater loss simply became more caught up in compensating for the loss than paying attention to particular physical hazards. And of course, those falls result in more medical bills, and thus more money out of your pocket.

Worse Health Outcomes

But that’s not all. If you can’t hear well, you could miss information from your doctor. If you miss information, you could end up having a worse outcome in a health matter, thus leading to more bills and more problems. All of these incidents add up to a major financial gap.

So, if you’re interested in protecting yourself both financially and physically, it’s time to visit an audiologist for an evaluation. Depending on the test results, you may need to get hearing aids. If you do, you’ll likely be pleasantly surprised at how much information you can now hear. Take advantage of the available technology to make your life better in all respects.