Perhaps you have had an exceptionally healthy year and still have money in your flexible spending account (FSA) or health spending account (HSA). Or, perhaps, like most of us you simply overestimated what you would need for the year. If your funds expire and you face losing the money you paid into your account, this is the perfect time to give your eyes some love.
Before you do, though, there are some things you should know about how your flex spending works.
First, your FSA/HSA isn’t just for copays. Yes, that’s how we tend to use it: paying the doctor’s office or pharmacy for our office visit or medication copays. But there are so many other ways to put that money to good use. For example, you can sneak in one last dental visit before year’s end or purchase backup eyeglasses or contacts, so you’re stocked up for the new year.
Second, you can think big. The maximum contribution to health spending accounts in 2020 and 2021 is $2,750. You can get a lot accomplished with this, even after doctor visits and prescriptions. It’s hard to imagine a more impactful use for those funds than laser vision correction (LASIK).
Not only will you save hundreds in taxes by using pretax flex account dollars, but permanent vision correction could save you hundreds of dollars each year by reducing or eliminating your dependence on glasses and contacts. Over your lifetime, this expenditure could save you tens of thousands of dollars—and so many patients describe the improved quality of life as priceless!
In addition to LASIK, the team at Matossian Eye Associates provides patients with a number of life-altering vision care services that are FSA/HSA eligible:
Cataract Surgery. If you’ve met your insurance deductible and/or have a balance in your flex account, there’s no reason to continue to let cataracts negatively affect your quality of life.
Glaucoma Treatment. Your use-it-or-lose it FSA can be spent on treat-it-or-lose-it glaucoma care before more significant vision loss occurs.
Retina Care. If you haven’t already, contact us for help addressing diabetic retinopathy, macular degeneration or other retinal issues.
Dry Eye Treatment. Dry eye disease can wreak havoc on your vision, but it’s very treatable.
Cosmetic Treatments. Matossian Eye Associates is proud to offer a wide range of cosmetic treatments to lift droopy lids and revitalize the appearance of your eyes.
Contact Lenses or Glasses. If you aren’t a candidate for LASIK, schedule an appointment with your eye doctor to revisit your personal vision care plan. There may be newer, more advanced options you haven’t yet considered. Don’t forget how important fitting is in the effectiveness of contact lenses. Our team includes eye doctors with expertise in contact lens fitting.
To make the most of your flexible spending account before it’s too late, make a call to your plan provider to get your balance. They can also confirm your eligible expenses with greater specificity, so you can spend wisely. Then, make your appointment with Matossian Eye Associates to discuss your vision care options.
Matossian Eye Associates performs a number of treatments for dry eye, visual disturbances and refractive errors that cause eye discomfort and poor vision. Schedule an appointment with an eye doctor at your convenience by calling us at (800) 708-8800, or book an appointment on our website using our online scheduling tool – MatossianEye.com.