IOL or intraocular lens, is a medical device implanted in the eye to replace the eye's natural lens. Typically used for people with cataracts, artificial intraocular lenses have also achieved impressive results for the nearsighted (myopia), farsighted (presbyopia), and even those with astigmatism.
The cost of cataract surgery depends on many factors, such as eye health, age, medical history, or past eye surgery. However, your health insurance plan, such as Medicaid, Medicare, or private medical insurance, will really determine the amount you will pay out-of-pocket versus through insurance.
Cataracts are one of the leading causes of blindness worldwide. Fifty percent of people will begin to develop at least one cataract by age 60. Every year, almost 3 million people undergo cataract surgery — one of the most common and safest surgeries performed in North America.