
Cochlear implants now significantly cheaper
China DailyChina Daily Updated: 2024-12-24 China has significantly reduced the cost of cochlear implants through its first centralized procurement program, cutting prices from more than 200,000 yuan to around 50,000 yuan, the National Healthcare Security Administration announced on Thursday. Cochlear implants, widely considered the most effective treatment for severe hearing loss, work by directly stimulating auditory nerves, unlike traditional hearing aids that amplify sound. China has an estimated 27.8 million people with hearing disabilities, but only about 50,000 cochlear implants are performed annually, with high costs deterring many families. The procurement program also reduced prices for peripheral vascular stents, with 18 companies winning bids to supply 258,000 units.
History of this topic

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