LASIK is most often considered an elective procedure so it is rarely covered by insurance plans. HMOs often offer LASIK or other laser vision correction procedures but it has to be purchased separate from the monthly costs of the insurance plan and their prices are usually the same (or higher) than outside providers. In many cases, HMO LASIK surgeons are less experienced than private LASIK providers since the most experienced surgeons generally own their own clinics and set their own prices. HMO surgeon are often beginning LASIK surgeons who want a guaranteed patient base.
LASIK and other vision corrective procedures (including contact lenses) are often tax deductible. According to the IRS web site, the cost of items such as prescription eyeglasses, contact lenses, and laser eye surgery are deductible medical expenses. Additionally, you may deduct transportation costs primarily for and essential to medical care that qualify as medical expenses. The actual fare for a taxi, bus, train, or ambulance can be deducted. If you use your car for medical transportation, you can deduct actual outâ€“ofâ€“pocket expenses such as gas and oil, or you can deduct the standard mileage rate for medical expenses. With either method you may include tolls and parking fees. You may also deduct the cost of prescription medication that you purchase.
Turner Eye Institute offers a variety of payment plans with 0% interest that can be paid over a period of 12 months, 18 months, or 24 months. The length of the payment plan can depend upon your credit score. Longer plans often have interest associated with them.
In the long run, LASIK pays for itself with the reduction in spending required for glasses and contact lenses. It generally cost $2000 per eye though so it can be a large investment. The sooner a person has it though, the more he or she will save over time. If you are interested in LASIK surgery or other vision correction procedure, contact are office now and we can set up a customized procedure to fit your needs.