As the end of the year approaches, we all have busy schedules, but that’s never an excuse to sleep on your vision insurance benefits! Often overlooked, these benefits are a valuable resource that could be saving you money on eye exams, prescription glasses, and more. With most vision benefits operating on a “use it or lose it” basis, it’s essential to understand what’s available to you and how you can make the most of your coverage before the year is up.
Our State College eye care team at Advanced Eye Care Services discusses further below.
Why Do Vision Insurance Benefits Expire?
Most vision insurance plans are structured around a calendar year. This means that any unused benefits will not carry over into the new year. As a result, if you don’t take advantage of your benefits, you could be leaving money on the table. This “use it or lose it” structure encourages patients to regularly utilize essential services like eye exams and purchase necessary vision care items such as prescription glasses or contact lenses.
Common Vision Benefits That Go Unused
Each vision insurance plan is unique, but many share some common benefits that can go unused if not prioritized. Here are a few you should check before the year ends:
- Annual Eye Exam: Most vision plans cover one comprehensive eye exam per year. An eye exam at our eye clinic is for more than just updating your prescription; it can detect early signs of eye diseases and other health issues, such as diabetes and high blood pressure.
- Prescription Glasses and Contacts: Many plans offer an annual allowance for glasses or contact lenses. If you haven’t used yours, consider updating your eyewear to enhance both comfort and style. Even if you don’t need a new prescription, you can use your benefits to get a spare pair of glasses or try out a new frame.
- Lens Upgrades: High-tech lens options, like blue light-blocking lenses, anti-glare coatings, and progressive lenses, are often included in benefits. These upgrades can provide better visual comfort, especially if you spend significant time on screens.
- Flexible Spending Account (FSA) and Health Savings Account (HSA): FSAs and HSAs are additional options that can be used for vision expenses, including prescription eyewear and eye exams. Since FSAs typically expire at year-end, it’s wise to apply any remaining funds to your vision care needs before they’re lost.
The Financial Benefits of Scheduling an End-of-Year Appointment
Scheduling an eye exam or eyewear purchase before year-end can be good for your bottom line. Taking advantage of these services now can prevent costly out-of-pocket expenses later. Additionally, investing in prescription sunglasses or specialty lenses now may allow you to roll your 2024 coverage into other medical needs, creating room for savings.
Many vision insurance plans also offer discounts on elective options such as tinted or polarized lenses, which can enhance your comfort and eye protection. With year-end appointments filling up quickly, booking now will ensure that you avoid the last-minute rush and get your preferred appointment time.
Don’t Let Your Vision Benefits Go to Waste!
The “use it or lose it” nature of most vision insurance plans means that taking action now can help you maximize your investment in eye health. Whether you need an updated prescription, new frames, or an end-of-year eye exam, using your vision benefits before they expire can save you money while prioritizing your health. Avoid the holiday rush by scheduling an appointment with our clinic today and make the most of your vision insurance before the year wraps up!