Is Insurance Coverage available for Lasik?
Lasik surgery is a wonderful corrective technique for people to
reduce vision problems and get better eyesight. The wonder of this
procedure is that it is very simple and quick and healing is also
quite fast. The procedure is conducted on an outpatient basis and
the patient can return home the same day although some restrictions
on certain activities are advised. But, the procedure is quite expensive
and can be different from one professional to the other and is also
dependent on the status of the problem. The added hitch is that
the procedure is not covered through insurance as the procedure
is classified as an elective procedure.
But, still it is best to look into the insurance policy you have
and to check with the insurance company whether the treatment is
covered under your policy. Usually, most insurance policies consider
Lasik as elective and will not provide any coverage. Sometimes,
your employer might have a special package for reimbursing the costs
incurred for Lasik treatment. With such a package there are chances
that you might even receive some rebate on the charges collected
for the procedure.
There are some companies that have now expanded their coverage
for vision. Earlier, only some parts of treatment like examination
of the eyes, contact lenses and eye glasses were covered by the
insurance. These now have been extended to include procedures like
Lasik. These extended plans might not pay the entire expenses incurred
for Lasik but generally pays out a part or a half of the expense.
So, it is better to check with your insurance company whether your
plan includes Lasik treatment.
Before deciding on a Lasik clinic, it is best to look into the
pricing options and what are included with the quoted price. This
is necessary because many a person has been fooled by ads quoting
lower prices which actually do not include the charges for the entire
treatment. Also, the price quoted might be applicable to a person
who needs only a minor degree of correction and it may not be valid
for your treatment.
On an average, the expenses for the surgery come up to around $2000.
It might even cost more or lesser. Some doctors might also charge
lesser. These doctors might not have adequate experience and it
is best not to opt for a doctor looking only at the charges for
the treatment. Also, such doctors who charge less may not be utilizing
the latest advance in the procedure.
Prior to getting Lasik done it is best to check out what the implications
in terms of finances will come up to. In certain countries, the
surgery is covered by insurance plans even though the treatment
is thought out to be elective. However, in America and Canada, most
insurance companies do not cover the charges incurred to undertake
Lasik unless you are covered by an extended plan that includes Lasik
A good route to take to help you meet the expenses for Lasik treatment
is a flexible spending account. These are usually provided by your
employer. The money that you put aside with these accounts can be
utilized for such procedures that do not come under your insurance
So, if you have good amount of money kept aside in the account
the expenses for your surgery can be easily met. But, if there is
not enough money in this account, you can use what is available
to cover as much of the cost as possible. If you are opting for
this route for payments, it is essential to inform the clinic prior
to the surgery as there might be some paper work that needs to be
completed before you can go ahead. There is also a possibility that
you can deduct the expenses from federal income tax. So, you can
try checking with your accountant to see if such an option is open
In almost all cases, the expenses of the Lasik treatment needs
to be borne by the individual although it might be partially covered
if the person has expanded vision plan. Even though the procedure
is quite expensive, you can opt for several methods to reduce your
burden. Also, there are many means to get financial help to pay
for expenses. Discuss with your Lasik doctor and get to know how
best to work out a good option for payment that will not burden
you too much.