Instead of waiting for the New Year to improve your health, spend your end of the year HSA/FSA/deductible spending on correcting your gift of sight and improve your health now. The new resolutions we will make to improve our lives. While a lot of new year resolutions are healthy goals related to diet and exercise, only few often consider how their vision impacts their health and quality of life.
Your eyesight is one of the most important biological assets in your possession, yet this gift is often the last on the list for scheduled maintenance. This is common because many insurance plans do not cover yearly eye exams, preventative diagnostics, and devices like glasses and contact lenses.
A Health Savings Account (HSA) is an account that allows you to set aside money without taxation for preventative healthcare costs such as premiums, co-pays, and medical expenses not covered by your regular insurance or prescription plans.
Many patients use this type of savings account to pay for necessary annual preventative care such as dental exams, elective procedures, vision care, and corrective procedures.
A Flexible Spending Account (FSA) is an account that you can create for various healthcare-related expenses, including your deductible. This account is non-taxable by the government and depending on your employer, they may match your monthly contribution to this account or offer reimbursement for certain expenses associated with this account.
When considering the best way to spend your end of year FSA and HSA balance, instead of paying for expected co-pays and deductibles, consider spending your balance on FSA approved vision expenses.
Preventative eye exams are the key to diagnosing infections and progressive diseases, such as macular degeneration, which can cause irreversible blindness.
Despite these risks, some insurance plans do not cover annual eye exams. Treat your eyes well this winter and use your FSA and HSA balances to visit your ophthalmologist.
Even if your annual eye exam is covered in your insurance plan, necessities like eyeglasses and corrective lenses are often only partially covered.
Correcting your vision is important to daily functions, and these necessary adaptive devices are included in the compatible expenses list for both FSA and HSA accounts.
While many eye surgeries are classified as elective procedures and not covered under most insurance plans, procedures like eye surgery help many people see clearly and can make lasting improvements to your quality of life.
Rather than spending money on glasses and contact lenses each year, consider a one-time surgery that can correct your vision, so you will never have to purchase corrective devices again.
Regardless of your vision needs, if you have money in your FSA/HSA for 2019, now’s the time to spend it! Invest in your health. At Specialty Eye Institute, we have a variety of services that can help you see better and ensure your eyes are healthy because we put our patients first. So, don’t wait, schedule your appointment today. Your vision may depend on it.