If you’ve been considering a vision correction procedure, cost is most likely a factor in your decision-making process. Did you know you can save hundreds of dollars by using a Flex Spending Account (FSA) or Health Savings Account (HSA)? Through an FSA or HSA, you are able to set aside pre-tax dollars to pay for approved medical expenses, including LASIK. Here’s more details on how you can see clearly by keeping more money in your pocket.
What is an FSA?
FSA’s is sponsored by your employer; self-employed individuals are not eligible for an FSA
An employee’s yearly FSA allocation is available on the first day of the plan year, regardless of contributions made to date
Use it or lose it! Any money left in an FSA will be forfeited at the end of that plan year, though some plans do provide a short grace period that may allow you to carry some funds into the next year.
What is an HSA?
An HSA is only available to participants with a high-deductible health care plan
Funds allocated to an HSA become available as they are deposited into the account
Any money left in your HSA can be carried over from year to year, allowing you to build and save for higher cost expenses over time
How do I start or change my elections for an FSA or HSA?
Enrollment in or changes made to an existing FSA or HSA are limited to a specific time period that varies from plan to plan. Talk with your employer or benefits manager for deadlines specific to your plan.
Start Saving now!
Your first step is to schedule a free consultation with Dr. Kelly
to determine if you’re a candidate for Laser vision correction. During this appointment you’ll meet with a Kelly Care Counselor who will go over costs and payment options for the procedure which include FSA and HAS accounts. Our goal is to help make clear vision affordable for you!