Roughly 40 million adult Americans experience hearing loss, but only a small fraction of them have ever used a hearing aid. Cost and accessibility have been the main deterrents, but according to a recent Gizmodo article, both are about to change for the better. Back in 2017, through the FDA Reauthorization Act, the FDA was assigned to establish regulations for a new category of hearing aids that could be sold via traditional retail or online. Last July, President Biden signed an executive order pushing the FDA to speed along its regulatory process.
