What's the Number One reason people say they don't wear hearing aids? Cost. A single hearing aid costs between $3000 and $4000 and most people with hearing loss need two. Medicare does not cover hearing aids -- even for people who are profoundly deaf -- nor do most private insurance plans.
A few weeks ago, I celebrated as a federal judge ordered the FDA to make "Plan B" available over the counter without restrictions. I thought that the judge's ruling would provide the Obama administration with political cover. Surely they would respect the decision. I was wrong.
Increased and predictable funding and incentives for research and development are essential, as is a workforce skilled at filling the resulting jobs. But it's also important that America's approach to research shift from safe and incremental research to the "high-risk, high-reward" research.
Long regarded as the world's preeminent place to study and practice the fields of science, technology, engineering, and math, the U.S. has recently been losing ground in these disciplines to other parts of the world.