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The LIBOR Scandal & The Veterans Hearing Fund

Some Veterans in the UK have conflicted feelings about using the Veterans Hearing fund. Many feel they are making a claim against the British Legion. In fact, that couldn’t be further from the truth! The Veterans Hearing fund is funded by HM Government using money from fines raised during the LIBOR Scandal.

 

The Libor Scandal

The LIBOR Scandal arose when a group of financial institutions was accused of fixing the London Interbank Offered Rate (LIBOR). LIBOR is an important interest rate in global finance and it was fixed in order to make banks look more stable than they were. Millions in fines were imposed upon the financial institutions and HM Treasury has decided that some of the money raised through these fines would be used to support Veteran’s medical requirements. The Royal British Legion’s Veterans Medical Funds (which includes the Veterans Hearing Fund) programme is funded through a five year £13 million commitment from the HM Treasury, using income from the LIBOR fines.

We work with the Royal British Legion to ensure that Veterans get easy access to the Veterans Hearing Fund for Hearing Aids, Assistive Equipment and Tinnitus Therapy that they need and deserve.

 

Service Recognised

My husband is ex-services, former Army, Royal Artillery. Needless to say, he suffers from a hearing loss or as they say in the RA family, Gunner Ear! His experience and the ongoing service of our Armed Forces have made us proud of who you are.

After seeing the struggle he had with his hearing and his need for high technology to help. We wanted to do something tangible that could help others with similar problems. We also felt that while doing so we should recognise your service.

We decided that helping ex-servicemen and women to access the Veterans Hearing Fund in order that they could get access to the very best equipment and care would go some way to doing just that. We want to make sure that you have access to the very best equipment available.

Typically with NIGL, it sounds like people are mumbling or the words sound unclear

The volume isn’t the problem, it’s the clarity of speech that is the issue. That’s typical with this type of loss and we know that we can help you!

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Providing Hearing Aids and Hearing Care to Veterans of all Services!

We provide the very best Hearing Aids to Veterans of all services, including the Armed Forces, Police and Emergency Services.

 

Experience of Noise-Induced Hearing Loss

Our personal experience with noise-induced deafness gives us a solid grounding in the treatment of this type of hearing loss. I fitted my Husband with hearing aids about 4 years ago. His hearing loss is typical of someone who has served in the Armed Forces and has been exposed to gunfire (whether small arms or large weapon systems) or even loud engine noise.

Through trial and error, we have gathered a large knowledge base and clear understanding of what the issues are and how to treat them. We also understand and use specialist testing that is needed for this type of hearing loss. Noise-Induced Hearing Loss (NIHL) isn’t easy to treat and we have learned that it demands the highest level of hearing instrument technology.