Covering the Cost of LASIK and Laser Eye Surgery

The national average cost of LASIK surgery is about $1,800 per eye.  Include wavefront technology and/or IntraLase and the endeavor can become even pricier. To help lower the price or make surgery more affordable, there are a number of options available without compromising technology or surgical experience:

• Medical Insurance Coverage - Unfortunately this option is rarely available unless specified in your coverage plan or surgery is deemed a medical necessity.  If you believe either of these to be the case, most practices will assist you in filing your request.
• Financing Options - There are many companies that offer financing options for LASIK surgery, with payment plans of up to five years with monthly payments as low as $60, depending upon the cost of surgery and your credit history.  In many cases practices are available to help you find financing options.
• Payment Plans - In some cases you may be able to make monthly payments for 3, 6, or 12 months without incurring interest fees.  Each practice or financing company has different policy, so you should address this issue at your initial consultation.
• Flexible Spending Plans - Some companies allow their employees to set aside pre-tax dollars into a flexible spending account.  If this is the case with your employer, money from this plan can be used toward LASIK.
• Credit Card Payments - Most LASIK practices accept major credit cards.  Many patients will choose this option if it offer a better financing opportunity than the above two options.
• Tax Deductible - According to section 213 of the Internal Revenue Code patients may file a deduction for medical care for which they are not otherwise reimbursed for any amount in excess of 7.5% of their adjusted gross income.  The allowance of such a deduction is a matter of interpretation so your accountant should apply for approval in writing from the IRS.

These factors should be considered when deciding on surgery or using reading glasses.