Many people assume that LASIK in Madison is outside of their budget. LASIK is by far the most popular refractive surgery in America and LASIK at Anderson & Shapiro Eye Care uses the latest techniques and technology, so it’s easy to think that it’s unaffordable, too.
Modern LASIK can treat a wide range of near sightedness, far sightedness, and astigmatism, all without blades. It is customized based on a mapping taken of the surface of your eye and each procedure is unique to that eye. That’s why 96% of people think it couldn’t be better.
We believe in giving people the opportunity to accomplish their goals and if ditching your glasses / contact lenses is your goal, we want to help! We’ll walk you through the different options for paying for your refractive surgery.
Health Savings Account (HSA)
Health insurance and plans are difficult to navigate, you may be able to use an HSA with your plan and not even know it! Check with your plan to see if you qualify.
An HSA is a savings account that you fill with pre-tax money. It’s usually offered in combination with a high-deductible health plan. When it’s used to pay for large medical expenses, it will not be taxed, which could be giving you a almost a 30% effective discount!
Dr. Shapiro, one of the leading LASIK surgeons in Madison, says the IRS will change the requirements frequently, so check to make sure your HSA plan will work.
Flexible Spending Account (FSA)
Sometimes your employer offers a FSA, which is similar to an HSA in that it can be used for co-payments, deductibles, medications, and other health care expenses. The primary difference is that an FSA is employer sponsored, whereas anyone with a high deductible health plan (HDHP) can open an HSA.
There are still similar tax advantages, so using your FSA can lead to some great savings!
Financing
There are many different ways to finance LASIK, which can bring your monthly payment to less than $200 per month.
We partnered with Ally Lending to offer easy financing options. You can choose a traditional loan with interest payments or explore options where you can avoid interest! Ask our surgical coordinator about your options at Anderson & Shapiro Eye Surgeons.
If you’d like to check how much you are pre-qualified for before coming in for a visit, you may click here and fill out the brief form.
Tax Refund
Tax refunds are right around the corner and many people put the money toward something they wouldn’t have normally got themselves, like a new TV or a vacation or even LASIK.
You may be able to get even more back in taxes if you have enough out-of-pocket, qualified medical expenses in a year. The IRS lets you deduct any amount spent over 7.5% of your adjusted gross income (as long as you also itemize your deductions).
We hope we’ve given you some different ideas on ways that you can pay for LASIK. Still have questions? Give our office a call at (608) 827-7705.
You can also try our Self Evaluation to see if LASIK could be a solution for you.