As the end of the year approaches, it’s the perfect time to ensure you’re making the most of your Health Savings Account (HSA) or Flexible Spending Account (FSA). These valuable benefits can help you manage healthcare costs while prioritizing your health—especially your eye health!
At Southwest Eye Care, we want you to feel confident about using your HSA and FSA funds. Here’s everything you need to know about these accounts and how they can help cover your eye care expenses.
What Are HSA and FSA Accounts?
HSA (Health Savings Account): A tax-advantaged savings account available to individuals with high-deductible health plans (HDHPs). Contributions are tax-free, and unused funds roll over each year.
FSA (Flexible Spending Account): A tax-advantaged account offered by many employers. While contributions are also tax-free, FSAs typically have a “use-it-or-lose-it” rule, meaning unused funds may not carry over to the next year.
Both accounts help offset healthcare costs, including many vision-related expenses!
What Eye Care Expenses Are Eligible?
Your HSA or FSA can be used for a variety of vision-related expenses, including:
Comprehensive Eye Exams
Routine eye exams are crucial for maintaining your eye health and ensuring early detection of conditions like glaucoma or cataracts.
Prescription Eyewear
Funds can be used for prescription glasses, including specialty lenses like blue-light-blocking or bifocals, as well as prescription sunglasses.
Contact Lenses and Supplies
From lenses to cleaning solutions and storage cases, your HSA/FSA covers most contact lens-related expenses.
LASIK or Vision Correction Surgery
Considering LASIK? Your HSA/FSA can help you save on the cost of this transformative vision correction procedure.
Eye Health Treatments
Costs for treatments like dry eye therapy, eye drops, or even certain medications prescribed by your eye doctor can be eligible.
How to Maximize Your HSA/FSA Benefits
Know Your Balance
Check your account balance to avoid leaving money unspent, especially for FSAs with year-end deadlines.
Plan for Year-End Appointments
Schedule eye exams or consultations for new glasses, contacts, or LASIK before the end of the year. Southwest Eye Care makes it easy to request appointments online or over the phone.
Save Receipts
Keep all receipts for eligible expenses to simplify reimbursement or tax filing.
Ask Questions
Not sure if a service or product is eligible? Contact your HSA/FSA administrator or ask our knowledgeable team during your visit.
Book Your Appointment Today
Don’t let your HSA/FSA funds go to waste—invest in your eye health before year-end. At Southwest Eye Care, we’re here to provide personalized eye care and help you make the most of your benefits.
Schedule your appointment today and take the first step toward healthier vision!
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