Can My Flexible Savings Account Be Used for Eye Care?
Many patients opt to contribute to a Flexible Spending Account (FSA), which gives them the ability to set aside pre-tax money from their paychecks to use towards medical bills. This is the time to use that money before your FSA resets in the new year.
If you have an FSA account, you could use your funds to cover your eye care expenses. Here’s how:
1. Eye Exams
Your annual eye exam and other copays are covered under your FSA account. Even if you do not wear glasses, it’s important to see your eye doctor regularly for exams. This helps to track any existing conditions or catch any changes in your eyesight.
2. Prescription Eyeglasses & Reading Glasses
If you have a prescription, you can use your FSA account to cover your eyeglasses at any of our Key-Whitman Eye Center locations with optical shops. We’ll check your plan to make the specific brand you’re choosing is covered. To purchase, you’ll either need an FSA spending card or fill out a reimbursement form.
Reading glasses are typically the only exception to the rule, as non-prescription and prescription reading glasses can be covered under your FSA.
3. Contacts and Lens Care
Your prescription contacts are covered under your FSA account just as glasses are. In addition, contact cases, solutions, and contact eye drops can all be covered as well. However, you should always check with your eye care provider to ensure the brand of contacts you’re ordering is covered under your plan.
At Key-Whitman Eye Center our Dallas, Mesquite, South Arlington, and Plano can handle all of your contact needs.
4. Prescription Sunglasses
Many patients require prescription sunglasses in addition to their contacts and prescription eyeglasses. Luckily, you can use your FSA funds for these as well! Just be sure that the sunglasses you’re ordering are prescription, or they will not be covered.
5. LASIK & Other Procedures
In addition to glasses and contacts, some patients can benefit from LASIK and other laser surgery options. Under some FSA plans, these procedures can be covered. LASIK is never medically necessary but is allowable under FSA rules.
Schedule your LASIK consultation during our Holiday LASIK special with 20% off and $200 towards a pair of designer sunglasses.
What’s Not Included?
All of the above options can be covered by your FSA account depending on your plan — but there are some that are not covered. These include:
- Non-prescription eyewear besides reading glasses.
- Non-prescription contact lenses.
- Certain brands and styles of eyewear.
If you are unsure of what’s covered under your plan, be sure to ask at your next Key-Whitman Eye Center appointment so we can help point you in the right direction.
Does My FSA Account Expire?
Remember that funds in your FSA will expire at the end of the year — unless your account is set with a carryover.
If any funds remain in your Healthcare FSA at the end of the current plan year, you are able to carry over into the subsequent year. This carryover depends on your employer’s plan and coverage. You can use this balance at any time for expenses incurred in the new plan year.
Dallas/Fort Worth Metroplex Eye Care Services
From your annual exam to LASIK and cataract treatment, Key-Whitman Eye Center makes your vision, eye health, and quality of life our top priorities. That is why everything we do is focused on you. As a recognized leader in eye care for over half a century, we are committed to helping our patients achieve the best results possible.
Learn more about using your FSA funds at our practice, and our commitment to our patients. Contact us today for a consultation!