Because APR stands for annual percentage rate, some borrowers get confused and assume APR is annual and interest rate is not. In fact, APR just refers to the entire financing charges on a loan, expressed on an annual basis. The APR takes into account upfront closing costs or loan fees you pay to get the funds.ecause APR stands for annual percentage rate, some borrowers get confused and assume APR is annual and interest rate is not. In fact, APR just refers to the entire financing charges on a loan, expressed on an annual basis. The APR takes into account upfront closing costs or loan fees you pay to get the funds.
The average age of first-time hearing aid wearers is close to 70 years of age, despite the fact that the majority (65 percent) of people with hearing loss are below the age of 65; and nearly half of all people with hearing loss are below the age of 55.eople with a moderate to profound hearing loss, who did not use hearing aids, on average, experienced household incomes $5000-$6000 less than their counterparts who did use hearing aids. This is despite the fact that the higher hearing loss non-wearer groups tended to be employed slightly more often.
In Rhode Island, group health insurance plans are required to include coverage for hearing aids for adults and children. For adults (age 19 and older), the benefit is $700 per hearing aid, per ear, every three years. For children (anyone under the age of 19), the benefit totals $1,500. The proceeds can be used toward all manner of health-care costs, including hearing aids and batteries. 2  A taxpayer in the 28-percent bracket who set aside $5,000 in such an account and used all of it for a $5,000 pair of hearing aids would reap an effective savings of $1,400.