As 2017 comes to a close, now is the perfect time to reflect on your overall health and ensure you’re getting the most benefit from your health, vision and dental plans that you have paid into all year long.
MyEyeDr., a full-service vision care company, tapped its insurance experts to answer some of the most frequently asked insurance questions.
How can I maximize my FSA or HSA benefits?
The Expert Answer: There are numerous ways to use your FSA and HSA dollars, but the smartest way is by purchasing eyewear. In fact, this is where many patients may be surprised. Apart from everyday glasses and contacts, individuals can use funds available in their FSA and HSA for a second pair of glasses, new lenses for a backup pair of glasses, prescription sunglasses, an extended supply of contacts and even an annual eye exam.
What’s the rush?
The Expert Answer: While some plans offered by employers may grant a limited carryover amount into the new year, many FSA accounts are subject to the "use it or lose it provision." This means that participating employees must use their dollars on eligible expenses like an eye exam, glasses or contacts, by the end of the plan year or forfeit any unspent amounts. This means that money you have put into your FSA account or extra benefits provided by your vision insurance plan may be lost if not used by December 31, 2017.
Can I buy prescription sunglasses with my FSA or HSA?
The Expert Answer: Yes, this is a great way to use FSA or HSA dollars. Purchase a pair of stylish sunglasses so you can see clearly and protect your vision from harmful Ultraviolet (UV) light. Because the sun sits lower in the sky during the winter, it can actually cause more damage to eyes than the summer sun.
My prescription has expired. What now?
The Expert Answer: Schedule an annual eye exam.
MyEyeDr. is a network of more than 350 local optometry practices across the Northeast, Midwest, Southeast and mid-Atlantic that offers comprehensive eye care services, a wide selection of designer and value prescription eyeglasses and sunglasses as well as standard and specialty prescription contact lenses.
I don’t have vision insurance. How much is an eye exam?
The Expert Answer: A comprehensive eye exam at MyEyeDr. is $99. An annual eye exam is a great way for your optometrist to get a clear picture of your vision health and find ways to improve it, helping you see better and manage your overall wellness for the future.
A few closing thoughts
Did you know some medical insurance plans provide a vision benefit? You can call MyEyeDr. for help figuring out if yours is one of them.
Another important notice is for those with diabetes or high blood pressure. These and other systemic conditions may affect your vision or the health of your eyes, and a regular comprehensive eye exam is the best way to manage these risks. Be sure that you and those you hold dear have had a comprehensive eye exam, as it is an important part of health and overall wellness.
MyEyeDr. is a network of more than 350 optometry practices east of the Mississippi with offices in key metropolitan areas that offer comprehensive eye care services, a selection of designer and value prescription eyeglasses and sunglasses, and standard and specialty prescription contact lenses. By welcoming all vision insurance plans and providers, MyEyeDr. makes vision health attainable for everyone. For more information, visit www.myeyedr.com.