InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, is committed to changing the lives of millions of Americans with hearing impairment, helping them get the hearing aids they need at a fraction of the cost set by traditional hearing clinics. “The costs of one hearing aid alone can range from $1,000 to as much as $6,000, not including additional expenses that can occur, such as hearing tests, follow-ups and ongoing support from healthcare professionals,” reads a recent article. One of the key drivers of these prohibitive costs is that consumers must get hearing aid devices from a doctor or specialists, a major barrier that impacts competition. With health insurance not covering these costs, it is no surprise that many people forego getting hearing aids. “Given the lack of Medicare and private insurance coverages or limited coverage on hearing aid devices, InnerScope makes it possible even for those with limited budgets to buy superior quality hearing aids directly for as little as $44 per month (from the company’s website).”
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About InnerScope Hearing Technologies Inc.
InnerScope is a leading manufacturer and distributor of FDA-registered hearing products and personal sound amplifier products (“PSAPs”), dedicated to addressing the global demand for affordable hearing solutions. InnerScope’s products and business model break through the persistent barriers that prevent access to effective hearing solutions. With the acquisition of iHEAR Medical, an FDA-cleared cloud-based hearing solution provider with access to over 40 patents, InnerScope is positioned to expand its leadership in the direct-to-consumer hearing solutions market with advanced hearing products offered at a fraction of the cost of conventional hearing aids sold in hearing aid centers. For more information about the company, visit www.INND.com.
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