Abstract: A voice prosthesis is provided for insertion into a fistula opening in a tracheoesophageal wall. The voice prosthesis includes a tubular elastomeric body having a central passage therein and having a valve seat on one end thereof. A pair of flanges each extending radially outwardly from opposite ends of the tubular elastomeric body. An umbrella shaped valve is disposed in at least a portion of the tubular elastomeric body, the umbrella shaped valve engaging the valve seat in a normal state and the umbrella shaped valve flexing upward in an open actuated state. The umbrella shaped valve can further be supported by a flexible web. The floating umbrella shaped valve engages the valve seat in a normal state and is movable to an open position in an actuated state wherein the flexible web flexes to allow movement of the valve.