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Does VSP Cover LASIK?

Like most vision insurance companies, VSP does not fully cover the cost of LASIK surgery. Instead, they offer a VSP Laser VisionCare Program, which offers significant discounts on the cost of the procedure when you work with an in-network surgeon.

VSP plans vary in terms of what they cover. A standard vision insurance plan won’t include this LASIK benefit, so check the specifics of your plan to see if you qualify for LASIK coverage. 

On average, patients save 15 to 20 percent off the cost of LASIK with VSP’s discount program.

About VSP Vision Insurance

VSP coverage is available for individuals and groups

If you are an individual, VSP offers plans starting at $13 per month. This may be an attractive way to get vision coverage if you are self-employed or employed part-time. Seniors and retired individuals also often feel peace of mind with individual coverage. 

If you are employed as part of a group, check out your plan options. You can enroll when changing jobs or during an open enrollment period.

The VSP LASIK Vision Insurance Benefit

The VSP LASIK benefit discounts the price of LASIK when you work with one of their preferred in-network providers. If you have a standard VSP vision plan, it won’t include this coverage. You need to be enrolled in the VSP Laser VisionCare Program.

To determine if you are part of the program, log into your VSP account via their member portal. If you aren’t enrolled, you can sign up for the program via your account.

Once enrolled, you can find a doctor via their site as well. This ensures you are working with a doctor that enables you to get maximum savings on your LASIK surgery via VSP.

Why Use VSP-Approved LASIK Doctors & Centers?

When you use VSP-approved LASIK doctors and centers, you’ll be able to save money on the procedure as well as follow-up care. 

You can still get some level of coverage for doctors and centers that aren’t in the VSP-approved network. You will need to pay in full and then submit a claim to VSP for reimbursement. The amount of reimbursement will vary according to your specific plan, so it’s a good idea to confirm this ahead of time.  

If you are enrolled in the VSP Laser VisionCare Program and you’re using a VSP-affiliated doctor and laser vision center, it’s an easier process. You won’t have to hassle with sorting out the details of reimbursement from VSP. According to VSP, this can help manage costs and streamline the process.

Discounts on LASIK

With VSP, you may be able to get some significant savings with specials, discounts, and bonuses at certain providers.

Here are some of the discounts they offer:

  • Saving $1,000 on LASIK at LVI
  • Saving $1,000 on LASIK at LasikPlus
  • Saving $1,000 on LASIK at TLC Eye Centers

If you have some flexibility with the timing of your procedure, discounts like these can make a big difference. You may also want to check with laser surgery centers in your area, as centers often offer discounts to new clients. 

The Cost of LASIK After VSP Coverage 

VSP dictates a maximum amount you will pay for LASIK per eye. This ensures your out-of-pocket cost won’t exceed a certain level.

The cost of LASIK varies depending on the vision correction that is needed, the laser technology used, and the surgeon’s experience. In addition, costs for LASIK vary widely around the country due to regional differences. 

Typically, LASIK eye surgery costs between $1,000 to $3,000 or more per eye. Some clinics include everything in the cost, including pre-exam consultations, the procedure, postoperative care, and even secondary surgery if it is needed within a specific timeframe. Other centers charge for each item individually.

On average, you’ll get at least a 15 to 20 percent discount off the price of LASIK via your LASIK benefit from VSP. You may receive a greater discount if you opt for one of their featured special offers.

Other Ways to Make LASIK Affordable

Using a VSP-approved LASIK surgeon and center is the best way to save money on LASIK if you are part of their laser benefit program. In addition, there are other ways to make LASIK more affordable. Investigate these options:

Financing

Many LASIK surgery centers offer patients financing options. Rather than paying for the full amount up front, patients may pay the total amount off on a monthly basis. Long repayment terms, such as 6 to 24 months or more, are often available, with monthly payments amounts as low as $60. 

As with most financing agreements, you may need to verify your income and provide a down payment.

Another option is to apply for credit from a LASIK financing company. These are local and national credit companies. Be sure you can repay the loan and make payments on time, so you can avoid any late charges or penalties.

FSA & HSA Funds for LASIK 

HSA and FSA are tax-exempt accounts that can offer a way to save up for medical expenses and pay for necessary procedures. HSA stands for health savings account, and FSA stands for flexible savings account. 

LASIK is considered an eligible procedure for both HSA and FSA funds. By paying for LASIK with these funds, patients can potentially save 20 to 30 percent on the total cost of the surgery.

How to Sign Up for VSP With a LASIK Vision Insurance Benefit

If you already have VSP vision insurance, you can sign up for their Laser VisionCare Program via your online account or by calling one of their representatives. 
If you aren’t yet a policyholder, you can view available individual plans via their site and sign up there. If you are employed, ask your employer about your options for group vision insurance.

References

  1. VSP Vision Insurance Plans | Coverage for Individuals & Groups. VSP.

  2. LASIK and Other Laser Eye Surgery Savings & Discounts. VSP.

  3. Laser Eye Surgery Low Down. VSP.

  4. How Much Does LASIK Cost? VSP.

  5. How to Use Your Laser Vision Benefits. VSP.

  6. Ways to Enroll. VSP.

  7. LASIK & Vision Financing. CareCredit.

  8. Healthcare FSA vs. HSA — Understanding the Differences. Forbes.

Last Updated September 7, 2022

Note: This page should not serve as a substitute for professional medical advice from a doctor or specialist. Please review our about page for more information.