Last updated 5 months ago
Has your eye doctor diagnosed you with a refractive error? As you will learn in this video, there are four kinds of refractive errors: myopia, hyperopia, astigmatism, and presbyopia.
Myopia, or nearsightedness, causes distant objects to appear blurred, while hyperopia, or farsightedness, causes close objects to appear blurred. Astigmatism can make both close and distant objects to appear blurred. Presbyopia usually sets in around middle age, when the eyes’ lenses become less flexible and are less able to focus on near objects.
If you are looking for an eye doctor and surgeon in Chicago, call Gerstein Eye Institute at (773) 973-3223. Our friendly staff can guide you through our available procedures, including LASIK and cataract surgery.
Last updated 6 months ago
If your employer offers a Flexible Spending Account (FSA), you’ll have another excellent option for financing healthcare costs that are not covered by your insurance policy, such as LASIK procedures, glaucoma treatments, glasses and contacts or other eye surgeries. Talk to your employer’s human resources department about enrolling in an FSA and taking advantage of the tax benefits. Keep reading for an overview of how current legislation will change FSA policies in 2013.
Previously, there weren’t any federally imposed limits on how much you could contribute to your FSA during the year, although employers did set limits. Beginning on January 1, 2013, the IRS is now imposing a $2,500 annual contribution limit. This means that you can contribute no more than $2,500 for your LASIK surgery. In the future, the contribution limit will increase in accordance with the inflation rate. There is a loophole you may be able to take advantage of; if you’re married and your spouse also has an FSA, you could both contribute a maximum of $2,500 each to those accounts. The money may be spent toward medical expenses for any family member.
Possible Grace Period
One disadvantage of an FSA is that it’s a “use it or lose it” account. That is, if you do not spend the funds within that year, you forfeit the money. The IRS has been reconsidering this, but has yet to change the rule. In the meantime, ask your employer if a grace period is offered for your FSA. Some employers allow withdrawal of the funds through March 15 of the following year.
In previous years, many people used up the funds in their FSA accounts by purchasing over-the-counter medical supplies. Newer rules make this impossible; you must have a prescription for covered items. However, LASIK procedures are still covered. In fact, you can use your FSA funds to cover any type of eye surgery, glasses and contacts.
Use your FSA to fund your LASIK procedure and talk to Gerstein Eye Institute in Chicago about other financing methods. Give us a call at (773) 973-3223 or visit our website for more information. We offer cataract surgery and vision correction procedures, including LASIK and intraocular lens insertion - Visian ICL.
Last updated 6 months ago
LASIK vision correction surgery can grant you the ability to see clearly without the eyeglasses or contact lenses. When you meet with an eye surgeon to discuss the procedure, ask about the costs. It might be tempting to choose a vision center that offers the lowest cost for LASIK procedures, but remember that quality is more important for your vision than cost. Instead, explore the following ways to finance your vision correction procedure:
Insurance companies do not typically offer coverage for LASIK procedures. However, some insurance companies may offer a discount for it. If you’re not sure whether your healthcare plan offers a discount, call the company or bring your insurance card to the eye surgeon’s office.
Flexible Spending Account
A flexible spending account (FSA) allows you to set aside some of your wages to cover medical expenses that aren’t covered by your insurance plan. FSAs are popular because they offer tax advantages. Talk to your employer about enrolling in an FSA, and use the money you divert into the account to cover your LASIK procedure.
Care Credit Card
Another option you could explore is the Care Credit card. Care Credit is much like any other credit card, except it is used solely for the purpose of healthcare procedures. You can use your Care Credit card to pay for procedures that your insurance policy doesn’t cover. The card offers a revolving line of credit and promotional periods of no-interest financing.
Talk to the staff at your eye surgeon’s office about installment agreements. Some vision correction centers may offer low monthly payments to cover the difference between the cost of the surgery and your FSA. You might choose to split the cost of the surgery among your FSA, Care Credit card, and an installment agreement.
Gerstein Eye Institute proudly accepts Care Credit cards and FSAs. Call our office today to learn about your financing options for LASIK eye surgery in Chicago. Schedule an appointment at (773) 973-3223 or visit us on the Web to learn more.
Last updated 6 months ago
Myopia is another name for nearsightedness, a condition in which a person has trouble seeing objects that are far away. Myopia is a refractive error, which means that the cornea is too curved to properly focus light rays. This condition is quite common, and can develop quickly or gradually. It is thought that myopia is linked to genetics, though it may also be associated with visual stress (i.e. staring at a computer screen for extended periods of time).
Fortunately, nearsightedness is correctable with a range of techniques. You might wear prescription eyeglasses or contact lenses, or you might consider LASIK vision correction surgery. Talk to an eye surgeon about having LASIK surgery to reshape the cornea and allow it to properly focus light rays. Another eye surgery option is an intraocular lens implant.
The eye surgeons of Gerstein Eye Institute in Chicago offers a wealth of expertise in LASIK surgeries and intraocular lens implants. Schedule your consultation for LASIK today by calling (773) 973-3223.
Last updated 7 months ago