Many who are considering LASIK eye surgery often ask one common question: Is LASIK covered by insurance? The short answer is that LASIK is an elective surgery and not typically covered by insurance plans, but there are options available to help cover the cost of LASIK laser eye surgery. Financing options are available for LASIK patients. Ahead, we’ll review some of the most popular options for covering the cost of LASIK surgery.
Understanding the Value of LASIK
Before diving into financing options, it’s important to recognize the long-term value of LASIK eye surgery. While the upfront cost may seem significant, the procedure often proves to be a cost-effective solution when compared to the ongoing expenses of glasses, contact lenses, and related eye care products over a lifetime.
The decision to undergo LASIK surgery is a significant one, and financial considerations often play a pivotal role in the process. Fortunately, a variety of financing options are available to help individuals achieve their goal of improved vision.
Insurance Savings and Partial Coverage through Insurance
While LASIK insurance coverage is rare, it’s important to note that some insurance plans and employers do provide partial coverage for LASIK surgery. TLC Laser Eye Centers work with many major vision insurance providers to offer LASIK savings, and the savings apply on the day of the procedure so that you don’t have to wait for reimbursement. The TLC team will work with you to make sure you’re getting the most savings possible.
TLC Laser Eye Centers offer financing options for laser eye surgery patients. We work with CareCredit, a credit card created specifically for healthcare needs which offers special financing options. If you have specific questions about the financing options available, you can learn more at your local TLC Laser Eye Center.
CareCredit: Healthcare-Specific Credit Card
CareCredit is a specialized credit card designed to cover healthcare expenses, including LASIK surgery. It offers flexible financing options that allow you to pay for your procedure over time, often with promotional financing offers that can make the cost more manageable. We are proud to partner with CareCredit that offers our patients:
Flexible payment plans
Special financing options with potentially lower interest rates
The ability to cover procedures not typically included in standard insurance plans
In-House Financing: Our Commitment to Your Vision
Understanding that each patient’s financial situation is unique, we have developed our own in-house financing program. This option ensures that regardless of your circumstances, you will have access to guaranteed financing. Our in-house plans feature:
Customized payment schedules
Competitive interest rates
No hidden fees or prepayment penalties
Health Savings Accounts (HSA)
A Health Savings Account (HSA) is a tax-exempt account that allows individuals with a high-deductible health plan (HDHP) to save money for medical expenses, including LASIK surgery. Contributions to an HSA are tax-deductible, and funds can be withdrawn tax-free to pay for qualified medical expenses. At [Our Clinic Name], we support our patients in utilizing their HSA funds to cover LASIK costs, providing a convenient and tax-efficient way to invest in your vision health.
Flexible Spending Accounts (FSA)
A Flexible Spending Account (FSA) is another tax-advantaged financial tool that allows you to set aside pre-tax dollars to pay for eligible medical expenses, including LASIK surgery. FSAs are typically offered through employer-sponsored benefit plans and can be used for a wide range of medical needs. Planning ahead is crucial when using an FSA, as funds must be used within the plan year or forfeited.
Just as with an HSA, using an FSA to cover medical needs may be easier with good planning. You can use TLC’s free FSA savings calculator for an easy way to explore how it all works.
Planning Your LASIK Financing Strategy
Whether you choose to finance LASIK through CareCredit, our in-house options, or utilize tax-advantaged accounts like HSAs and FSAs, careful planning is key to maximizing your benefits. Understanding the eligibility requirements and financial implications of each option will help you make informed decisions about your vision correction journey.
At TLC Laser Eye Centers, we are committed to making LASIK surgery accessible and affordable for our patients. Through our comprehensive financing options and support for tax-advantaged accounts like HSAs and FSAs, we strive to ensure that cost is not a barrier to achieving clearer vision. Contact us today to learn more about how we can help you finance your LASIK procedure and take the first step towards a life free from glasses and contact lenses.
If you have any questions about LASIK insurance coverage, financing, or payment options, the TLC team is here to help you learn more. Schedule your free LASIK consultation at your local TLC Laser Eye Center to learn more about financing for laser eye surgery, discuss the benefits of LASIK, and find the options that work for you.
As you research your laser eye surgery options, you may find that there’s a large variance in the cost of LASIK depending on where you look. Advertised prices can be as low as $250 per eye, while the top end of the LASIK price range can reach more than $4,000 per eye. So, what is the real cost of laser eye surgery? The answer depends on a number of key factors, like the surgeon you choose, the technology used for your procedure, what is included in your LASIK eye surgery quote, and the location where you’re having the procedure. Ahead, we’ll take a closer look at the real cost of LASIK, along with some tips to help cover the cost.
Key Factors in the Cost of Laser Eye Surgery:
Choosing a LASIK Surgeon
While there are many factors that determine your laser eye surgery cost, the surgeon and procedure that you choose ultimately have the biggest influence on price. A more experienced surgeon may charge more for a procedure, due to the level of experience and expertise they bring to the table. Whether more experience is worth the increased cost is up to the patient, and the most important thing is to do the research required to find a surgeon who you trust for your LASIK procedure.
Laser Technology
Regardless of how long your surgeon has been practicing laser eye surgery, the type of LASIK procedure that you choose will have a major impact on your price. Traditional LASIK, which has been an effective treatment option since the 1990s, may cost less than newer variations of the procedure that rely on the latest laser technology. The cost of Custom Wavefront LASIK, for example, will be higher than the cost of traditional LASIK, due to the technology required for the procedure.
What’s Included?
When you meet with your LASIK surgeon, you’ll have the opportunity to learn more about which procedure is the best fit for your vision needs. You’ll also want to make sure that you learn exactly what your LASIK quote includes, so that you can accurately evaluate your options. Understanding what you’re paying for in detail will make it easier to compare your options.
Location
The real cost of LASIK is also influenced by the factors that impact the cost of any service, including geography. If you live in an area with a high cost of living, then the cost of laser eye surgery in your area may be higher, as well.
Covering the Cost of LASIK Eye Surgery
It’s rare for insurance to cover the full cost of LASIK eye surgery unless your profession requires exceptional vision, but there are plenty of resources available to help cover the cost of LASIK.
Financing
For many, the upfront cost of LASIK can be daunting. Fortunately, there are several financing options available to help manage the expense.
CareCredit
We work with CareCredit to offer patients financing options that help make your LASIK procedure as affordable as possible. CareCredit is a credit card designed exclusively for special financing offers.*
HSA
People who have a high deductible health plan (HDHP) can use a Health Savings Account (HSA) to pay for elective services like LASIK.
FSA
The IRS considers laser vision correction an eligible medical expense. This means you can use your pre-tax FSA funds to cover a portion, or even the entirety, of the LASIK procedure, depending on your specific circumstances.
Credit Cards
Certain credit cards may afford you an extended period to liquidate your balance, while others might offer an interest-free grace period. Additionally, some cards permit you to accrue rewards, points, travel miles, or even cash rebates. There are also cards that facilitate balance transfers, granting another span of interest-free payment, thereby providing the opportunity to cover the laser eye surgery costs gradually.
Understanding the real cost of LASIK involves more than just comparing prices. It requires a comprehensive look at the factors influencing these costs and the available financial strategies to manage them. By carefully considering the surgeon’s expertise, the technology used, the inclusiveness of the quoted price, and geographic location, you can make an informed decision that ensures both affordability and quality of care. Schedule a free LASIK consultation today to discover the TLC difference.
Dr. Louis Probst is one of the most experienced surgeons in the world having performed more than 110,000 LASIK procedures in almost 22 years. For the last ten years, Dr. Probst has performed exclusively refractive surgery and currently specializes in bladeless all-laser LASIK.
The cost of LASIK eye surgery depends on many factors and with so many factors to consider, it’s no surprise that questions about LASIK cost are quite common. Ahead, we’ll cover some of the most common questions about the cost of LASIK eye surgery, and suggest key topics to discuss with your LASIK provider.
This is one of the most important questions you can ask about the cost of laser eye surgery. The answer depends in large part on your LASIK provider, and how they structure their services. Some LASIK cost quotes focus specifically on the laser eye surgery procedure, while others include aftercare and other extras. Ask your provider exactly what they include in the cost of LASIK, and don’t be afraid to request clarification if you’re unsure about anything.
Is the laser eye surgery cost different by eye?
The cost of laser eye surgery is typically listed per eye, so a laser eye surgery quote of $1,000 per eye would equal a total cost of $2,000 for both eyes. While most laser eye surgery patients have the procedure on both eyes, there are occasions in which people may opt for LASIK on one eye due to their specific vision correction needs.
Do different LASIK procedures have difference costs?
Different LASIK and laser eye surgery procedures do have different costs, often based on the laser technology used to perform the laser eye surgery procedure that is specific to your vision correction needs. Consider the benefits of each procedure and how they relate to your own needs in order to make an informed decision. The best way to understand if LASIK if right for you is to schedule a free consultation.
What if I want an assurance plan?
A LASIK assurance plan provides re-treatment when certain criteria apply, typically, for a set period after your laser eye surgery is complete. Ask your surgeon if a one-year assurance plan is included with your surgery, and request information on the cost of a lifetime assurance plan. An assurance plan will typically increase the cost of LASIK up front, but many LASIK patients enjoy the peace of mind that comes from knowing that re-treatment is always covered if they have the need.
Does insurance cover LASIK surgery?
Laser eye surgery is generally considered to be an elective procedure by insurance companies, which means that it won’t normally be covered by a health insurance policy. However, you may be covered by insurance if certain conditions apply, so it is worth inquiring with your insurance company. The good news is that even if you aren’t covered by insurance, there are many affordable ways to cover the laser eye surgery cost.
When it comes to the cost of LASIK surgery, remember that you have many financing options available. Most LASIK providers offer financing that allows you to pay for the procedure over time, and tax-friendly savings options like health savings accounts and flexible spending accounts make it easier to save for medical costs.
In conclusion, the cost of LASIK surgery encompasses various factors, including the LASIK provider’s pricing structure, the specific procedure chosen, and the inclusion of additional services or assurances. By gaining a comprehensive understanding of these elements, individuals can make informed decisions regarding their vision correction journey. Whether exploring financing options or assessing the benefits of different LASIK procedures, proactive engagement and thorough research are key to achieving optimal visual outcomes.
Schedule a free LASIK consultation with TLC Laser Eye Centers to embark on your path to clearer vision today.
Perhaps you’ve thought about laser eye surgery in the past, but have been put off after sifting through some of the myths and misinformation about the procedure. Or, perhaps you have a friend who told you she heard “this,” or he heard “that” about LASIK eye surgery. With all the myths and misinformation out there, how do you determine the truth? Don’t let yourself be misled by incorrect information. Get the facts about LASIK and let’s debunk these common LASIK myths.
Myth: LASIK is painful
It is completely natural to worry if there will be pain when undergoing any procedure. The good news, however, is that LASIK patients rarely report any pain. Drops are used to numb the eyes. Typically, you will feel some slight pressure at the start of the procedure, which will last a couple of minutes.
Myth: LASIK is such a new surgery that all the potential risks and side effects aren’t known yet
It is a common misconception that LASIK eye surgery is a new procedure. People fear this “new and unknown” operation. In fact, laser eye surgery was invented in the 1980s, with the first US procedure occurring in 1987.[i] This means that LASIK has been performed in the US for over 30 years! Moreover, the technology continues to improve, which means better results for you.
Myth: LASIK only works on nearsighted patients
Two factors have led to the prevalence of this myth. One, nearsightedness is one of the most common eye conditions, so of course, many LASIK patients are nearsighted. Two, when LASIK first came on the scene, it was only used to treat nearsightedness (also called “myopia”). Today, LASIK eye surgery can treat much more than just nearsightedness, including other refractive errors such as farsightedness (hyperopia) and astigmatism.
Myth: You will never need glasses again after having LASIK
This myth is a yes and no. After LASIK, you will most likely be able to ditch your glasses! According to the Mayo Clinic, more than 8 out of 10 people who undergo LASIK eye surgery no longer need glasses or contact lenses for most of their activities.[ii] However, you may still need your glasses for certain activities (like driving at night or reading). Additionally, having undergone LASIK will not change the fact that your eyes will continue to age naturally, which may mean a change in vision down the road.
Myth: You can go blind from LASIK
The fear of going blind is very common, but it is extremely uncommon to experience vision loss due to laser eye surgery. There has never been a reported case of a patient going blind from LASIK.[iii] LASIK is a safe and effective procedure when performed by a skilled and experienced surgeon.
Myth: The treatment time is very long
Most patients are surprised to find out how quickly the procedure is over, often in as little as 15 minutes. Recovery time is also not typically a lengthy process. People can go home immediately after the procedure and back to their everyday schedule within 24 hours. However, it is important to follow the post-operative care instructions provided by your surgeon to ensure proper healing and optimal results.
Myth: LASIK is too expensive for most people to afford
Don’t write off LASIK as too expensive before doing some research. There are a variety of payment options to look into:
Insurance savings: TLC Laser Eye Centers partners with most vision and health insurance companies to give members savings on LASIK.
Health Savings Accounts (HSA): These accounts can be used to pay for elective services like LASIK and other laser eye surgeries.
Flexible Spending Account (FSA): If you have an FSA, you may be able to use that money toward LASIK eye surgery.
Financing options: Many providers offer financing options to make LASIK more affordable. TLC Laser Eye Centers works with CareCredit to offer patients attractive financing options that make your LASIK procedure as affordable as possible.
Myth: You’re too old to get LASIK
You may assume you’re too old to bother getting laser eye surgery, or that your eyes are “too far gone.” In fact, there is no age limit for receiving LASIK! Even patients in their 60s experience clearer vision with laser eye surgery. However, it is important to consult with a LASIK specialist to determine if you’re a good candidate for LASIK based on your individual eye health and other factors.
Myth: LASIK can’t treat astigmatism
Astigmatism is a common eye condition that results in a distortion of the image on the retina of the eye due to an imperfection in the curvature of the cornea. This can make it difficult to treat with glasses or contact lenses. The good news is that LASIK eye surgery treats common refractive errors such as nearsightedness, farsightedness, and astigmatism. LASIK can effectively correct astigmatism by reshaping the cornea to improve the way light enters the eye.
Are you ready to move past the myths and get the facts about LASIK eye surgery? Schedule a free consultation with a LASIK specialist at a TLC Laser Eye Center location near you.
Laser eye surgery, known as LASIK, has revolutionized vision correction for millions of people worldwide. However, despite its widespread success, there are still common myths and misconceptions surrounding the procedure that can deter potential candidates from exploring this life-changing option. In this article, we will delve deeper into these myths and provide accurate information to help you make an informed decision about LASIK eye surgery.
One prevailing myth suggests that LASIK is a painful procedure. It is understandable that individuals may have concerns about experiencing discomfort during any medical intervention. However, LASIK patients typically report minimal to no pain. The eyes are numbed with drops before the surgery, and any sensations felt during the procedure are often described as slight pressure, which lasts only a few minutes.
Another myth revolves around the perception that LASIK is a relatively new and untested procedure, leading to concerns about unknown risks and side effects. Contrary to this belief, LASIK has been performed for over 30 years since its invention in the 1980s. The technology and techniques have evolved significantly during this time, making LASIK a well-established and highly refined surgical option. Continuous advancements in laser technology and surgical techniques contribute to improved outcomes and enhanced safety for patients.
One misconception suggests that LASIK is exclusively effective for nearsightedness. This myth persists due to two main factors. Firstly, nearsightedness is a prevalent refractive error, and many individuals seeking vision correction are nearsighted. Secondly, when LASIK was initially introduced, it primarily targeted nearsightedness. However, LASIK has advanced to address various refractive errors, including farsightedness, astigmatism, and even a combination of these conditions. Therefore, LASIK offers a comprehensive solution for a wide range of visual impairments.
A commonly heard myth asserts that LASIK eliminates the need for glasses altogether. While it is true that the majority of LASIK patients experience significant improvements in their vision and reduce their dependence on glasses or contact lenses, it does not guarantee absolute freedom from corrective eyewear. According to the Mayo Clinic, more than 80% of LASIK patients achieve clear vision without glasses for most activities. However, certain circumstances, such as driving at night or engaging in detailed close-up work, may still require the use of glasses. Additionally, it is essential to remember that aging and other natural factors can affect vision over time, which may necessitate the use of glasses or additional vision correction methods in the future.
One of the most common concerns surrounding LASIK is the fear of going blind as a result of the procedure. It is crucial to emphasize that the risk of vision loss due to LASIK is extremely rare. In fact, there has never been a reported case of a patient going blind from LASIK. LASIK is a meticulously performed surgery by skilled and experienced surgeons who prioritize patient safety and carefully evaluate eligibility criteria. By adhering to rigorous pre-operative assessments and post-operative care, the risk of adverse outcomes is significantly minimized.
Another myth implies that LASIK procedures are time-consuming and require lengthy recovery periods. Contrary to this misconception, LASIK is a relatively quick procedure, often completed in as little as 15 minutes per eye. Patients can typically return home immediately after the surgery and resume their daily activities within 24 hours. However, it is essential to follow the post-operative instructions provided by the surgeon to ensure proper healing and optimize the recovery process.
Affordability is a significant consideration for many individuals contemplating LASIK. However, assuming LASIK is too expensive without conducting thorough research may lead to missed opportunities. Various payment options exist to make LASIK more accessible. Some vision and health insurance companies partner with LASIK providers to offer savings to their members. Additionally, Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) can often be utilized to cover LASIK expenses. Furthermore, many LASIK providers offer financing options, such as attractive payment plans or partnerships with third-party financing companies, making LASIK more affordable for a broader range of individuals.
Age should not be a deterrent when considering LASIK. Another myth suggests that individuals are too old to benefit from laser eye surgery. However, there is no specific age limit for LASIK candidacy. Even patients in their 60s can experience significant improvements in vision through LASIK. The suitability for LASIK depends on several factors, such as overall eye health and stability of the prescription. Consulting with a LASIK specialist can help determine whether an individual is a good candidate for the procedure, regardless of their age.
Lastly, some individuals believe that LASIK cannot effectively treat astigmatism. Astigmatism is a common refractive error characterized by an irregular curvature of the cornea, resulting in distorted vision. The good news is that LASIK is a versatile procedure that can effectively correct astigmatism. By reshaping the cornea using laser technology, LASIK can address the irregularities and restore clearer vision for individuals with astigmatism.
In conclusion, LASIK eye surgery has debunked many myths and misconceptions over the years, emerging as a safe, effective, and widely practiced procedure for vision correction. Understanding the facts is essential in making an informed decision about LASIK. By dispelling these common myths, individuals can confidently explore the potential benefits of LASIK eye surgery. Schedule a free consultation with a LASIK specialist at a reputable TLC Laser Eye Center near you to gather accurate information and determine the best course of action for your vision correction needs.
There are many factors to consider when evaluating the cost of LASIK eye surgery, and understanding those factors can help you make an informed decision on choosing the LASIK provider that’s right for your needs. It’s not unusual to see LASIK centers offering very different price quotes. Reputable laser eye surgery providers will make pricing clear, so you understand all the various elements that are included in the pricing. This post takes a closer look at the cost of laser eye surgery, and how your location may impact that cost.
Understanding LASIK Cost Factors
To comprehend LASIK costs, consider several key factors beyond location. The surgeon you choose and the specific type of laser eye surgery procedure contribute to the overall price. Procedures like Custom Wavefront and Bladeless LASIK may have higher costs but come with distinct benefits. Additionally, the geographical area where you undergo laser eye surgery plays a significant role in determining the cost.
Cost of Living -The cost of living in your region directly affects the overall LASIK expenses. Higher basic living costs, including rent, gasoline, and utilities, can contribute to an increase in LASIK prices.
Business Operating Costs – Regions with a lower cost of living may offer more affordable LASIK prices, but areas with a higher cost of living can drive up the operating costs for LASIK providers, leading to regional variations in prices.
LASIK Surgeon Costs – Surgeon fees in metropolitan areas with a higher cost of living may slightly elevate the average LASIK price. Conversely, choosing LASIK in a community with a lower cost of living may result in a more budget-friendly option.
Choosing a Reputable LASIK Provider
Regardless of your location, a trustworthy LASIK surgeon ensures transparency in cost breakdown. Conduct thorough research and request an itemized list detailing the components covered in your LASIK procedure cost. This includes information on the laser technology utilized, post-operative care, and any potential post-surgery enhancements.
Ready to delve into the specifics of LASIK costs in your area? Schedule a free consultation at your local TLC Laser Eye Center. Seize this opportunity to gain comprehensive insights into LASIK, including the associated costs and all aspects of the procedure.
