Will Insurance Cover LASIK?
HOUSTON LASIK Surgery is an outpatient surgical procedure that improves vision, reducing or eliminating the need for glasses or contact lenses. The procedure is incredibly effective in treating myopia, hyperopia, and astigmatism. It takes only a few minutes, and has an extremely quick recovery time.
One of the most common questions we get about LASIK is the cost – is it covered by insurance? Is there an out of pocket cost for LASIK? How much will I spend?
Since LASIK is considered an elective procedure by insurance companies, it is typically not covered by your health insurance. But don’t worry – you still have options! LASIK is considered an eligible expense with your Flex Spending Account, or Health Savings Account, so they can be used to cover the cost of your LASIK surgery in Houston!
What is an FSA/HSA?
Many employers offer a Flex Spending Account (FSA) or Health Savings Account (HSA) to their employees, which allows them to set aside pre-tax dollars each pay period into a separate account. This account can only be used for medical expenses, including LASIK Surgery. A lot of patients choose to take advantage of this benefit and pay for their LASIK surgery with their FSA and HSA accounts.
With a Flex Spending Account, or FSA, the monies allocated to it have to be used within the calendar year they are made available. They typically renew at the beginning of each year, which means that your employer fronts the full amount for you, and payroll deductions throughout the year pay your employer back. With a Health Savings Account, or HSA, the money in this account remains available for an unlimited amount of time, meaning it does not expire. Typically, an HSA account accrues money each pay period through payroll deductions.
What If I Don’t Have an HSA/FSA and need a payment option?
At Whitsett Vision Group, we want to make clear vision without glasses and contacts available to anyone who is ready! In addition to accepting credit cards, cash, check, or money order, we also offer financing for LASIK surgery through CareCredit.
Schedule your FREE Consultation!
Ready to schedule a free LASIK consultation? We’re here to help – call us today at 713-365-9099, or click here to request an appointment online.