Prescription Eyeglasses & Eye Exam in Chicago
Over 50% of consumers didn’t use their vision benefits last year! Make the most of your 2021 vision benefits by understanding what your Flexible Spending Account and Health Savings Account cover.
How Does FSA Work?
When you sign up for an FSA, money from each paycheck is automatically deposited into an account. An FSA provides you with tax-free dollars that can be used to pay for health care expenses, including eye care needs.
An FSA usually covers vision expenses like:
- Copayments and deductibles (but not insurance premiums)
- Routine eye exams
- Contact lenses
- Prescription sunglasses
But here’s the catch: You must use your FSA benefits or you’ll lose them since they don’t roll over to the next year, unless your employer offers a short grace period to use the previous year’s benefits. To take advantage of this valuable benefit, schedule your annual eye exam.
How Does HSA Work?
Depending on your insurance plan, your employer may offer an HSA instead of an FSA. An HSA, which also offers tax-saving benefits, is typically offered with high deductible insurance plans. The difference between your FSA and your HSA is that the money put into an HSA does not have a “use it or lose it” policy. It can be used the next year.
Like an FSA you can usually utilize your HSA dollars to purchase glasses and pay for other vision-related expenses like eye exams, prescription sunglasses, and contacts.
The Importance of Eye Exams
During a comprehensive eye exam, your eye doctor can not only determine whether you need prescription glasses or contact lenses, but can also check for common eye conditions like glaucoma and cataracts.
Regularly scheduled eye exams keep you and your eye doctor up to date with changes in vision and general health as you age. During a typical eye exam, your eye doctor will perform a series of tests designed to catch eye conditions and diseases early, before they cause irreversible damage.
After the age of 40, the risk of eye diseases increases, making regular eye exams even more important. Early detection is key to preventing and detecting eye health problems.
Visit your Eye Doctor Today!
The importance of a yearly eye exam is not only about safeguarding your vision; it’s also about safeguarding your general health. By observing changes in your vision and the eye itself, your eye doctor can detect early warning signs of health issues such as diabetes, high cholesterol, and high blood pressure before serious symptoms may occur. Start the new year looking great with clear, healthy vision by using your FSA and HSA benefits Go ahead and schedule that exam with Dougal, McClellan, Sullivan, & Ethington Eye Associates to keep your eyes healthy.