Vision insurance provides coverage for services relating to the care and treatment of the eyes. It typically covers services delivered by an optometrist or ophthalmologist. Depending on the specific plan, some or all of the following services may be covered:
- Yearly eye exams – glasses (with an annual limit).
- Contact lenses and fitting (with an annual limit).
- Glaucoma screening.
Some vision insurance plans may provide more extensive coverage (such as certain eye surgeries), while others may limit coverage to “reasonable and customary” charges incurred during routine eye exams. Reasonable and customary charges generally do not include the cost of glasses and contact lenses.
The term “vision insurance” is commonly used to describe health and wellness plans designed to reduce your costs for routine preventive eye care (eye exams) and prescription eye-wear (eyeglasses and contact lenses). Plans may also offer discounts on elective vision correction surgery, such as LASIK and PRK.
But unlike major medical insurance policies that may provide unlimited benefits after a certain co-pays and deductibles are met, most vision insurance plans are discount plans or wellness benefit plans that provide specific benefits and discounts for an annual premium.
In effect, these vision discount and wellness benefits plans offer savings much like a gift card. As such, they can be used to cover much of the cost of basic eye-wear, or they can be used to make premium eye-wear products and enhancements — such as progressive lenses, anti-reflective coating and photo-chromic lenses — significantly more affordable.
When purchasing “vision insurance,” an iiYbi Insurance Agent will fully explain the costs and benefits associated with the plan(s) you are considering. Also, if you have vision care coverage through a plan at work, be aware that “vision insurance” plans usually operate differently than other health insurance plans or major medical insurance.
iiYbi Brokerage offers free, comparative quotes on vision insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.