regulatory framework
Constant monitoring
We operate in a medical sector, where regulations vary from country to country. We constantly monitor the regulatory framework with the aim of reducing the impact of any unfavorable changes and maximizing the benefits of favorable ones.
Through the establishment of the Regulatory Affairs function, we have implemented a series of measures not only to monitor the regulatory framework in place and any potential change in all the countries in which we operate, but also to ensure a timely reaction to any potential changes in regulation, besides being able to engage in dialogue with institutions and actively take part in debates and conventions to make the voice of the sector heard.
three main regulatory areas
regulation on medical devices
regulation on hearing care professionals
reimbursement conditions
Reimbursement conditions also differ according to different national health systems. There are national health systems that offer hearing aids free of charge to everyone, like in the United Kingdom, and others, like in France and Italy, that partially or fully reimburse the cost of the hearing aid to people with a certain level of hearing impairment. Lastly, some healthcare systems do not offer any reimbursement, like in Spain and in the US.
In all countries, we promote efficient reimbursement systems and we participate in the debate with healthcare companies and regulators, to seek the right balance between free access to hearing care on the one hand, and on the other hand the maintenance of the economic sustainability of health systems.