If you have dreamed of getting LASIK surgery but have always thought it was out of your budget, we have good news. If you have a Flexible Spending Account through your employer, you can put that money toward your vision goals! Here at Stahl, we’re always looking for ways to make LASIK more accessible to our patients. This is why we recommend using Flex Spending to fund your LASIK surgery.
What is a Flex Spending Account?
Flexible Spending Accounts (FSA), also called a flex plan, reimbursement account, Flex 125, Tax Saving Plan, Medical Spending Account, a Section 125, or a Cafeteria Plan, is a benefit sponsored by your employer that allows you pay for medical expenses on a pre-tax basis. This is one of the best benefits offered by employers, yet one of the most underutilized.
To use a Flex Spending Account, you designate a certain amount of money each check to put into the account. This money deducted before you are taxed, so you instantly save money on the taxes you would have paid. Typically, this money is spent on medical expenses not normally covered by insurance.
You can use your Flex Spending Account to pay for numerous medical expenses, like LASIK surgery! Because the money in your Flex Spending Account is pre-tax, your money goes a long way. Some patients are able to save up to 30 percent on their overall LASIK bill.
End of Year and Your FSA
It is important to use the money that you put into your FSA. If you don’t use the money in your account by the end of the year, the money is lost. Some accounts expire on a certain date, not necessarily by the end of the calendar year. Be sure to check with your employer to see when your FSA money expires.
It’s almost November! If you still have money in your FSA, why not consider getting LASIK surgery?
Why You Should Use Flex Spending for LASIK
FSAs have helped many patients achieve their vision goals without breaking the bank. Since you have to use your Flex Spending dollars by the end of the year, why not put them towards something that will improve your life? FSAs help lighten the load quite a bit for LASIK patients, making the process easy and stress-free. Not to mention, you’re getting an amazing deal by spending pre-tax dollars!
Give yourself the gift of LASIK this holiday season (without the financial stress). If you are interested in spending your Flex Spending money on LASIK surgery, contact Stahl Eyecare Experts for your FREE LASIK consultation. We look forward to hearing from you!