As 2018 and the open enrollment period come to a close, now is the perfect time for you to reflect on your overall health and ensure you’re maximizing the benefits in your health care plan.
By understanding the benefits available through your current plan (including supplemental insurance, like an FSA), you’ll be prepared for all future doctor’s appointments, including those with specialists.
MyEyeDr., a full-service vision care company, tapped their insurance experts to answer some of the most frequently asked questions about benefits. (There are many different types of insurance plans, so be sure to check your plan documents and contact your provider with specific questions about coverage.)
How can I maximize my FSA or HSA benefits?
There are numerous benefits available to those looking to use their FSA and HSA dollars.
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, prescription sunglasses, an extended supply of contacts, and even an annual eye exam.
What’s the rush?
While some plans offered by employers may grant a limited carryover extension of $500 into the new year, many FSA accounts are subject to the use it or lose it provision, meaning participating employees must incur eligible expenses by the end of the plan year, or forfeit any unspent amount.
My prescription has expired. What now?
Schedule an annual eye exam. MyEyeDr. is a network of local optometry practices offering comprehensive eye care services, a wide selection of designer and value prescription eyeglasses and sunglasses, and standard and specialty prescription contact lenses. Find a location here.
Click here for more FAQs about vision insurance and to learn how you can better care for your vision and eye health.
MyEyeDr. is a network of optometry practices 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.