Got Flexible Spending? HSA? FSA? how do you use it?
Here are 10 ways to Make. It. Rain.
Got A Flexible Spending Account (FSA)? Your time may be running out to use that cash.
Can you spend your Flexible Spending Account / Health Savings Account at your eye doctor’s practice?!? The answer is YES. Many people do not realize that prescription glasses and contacts are a benefit. Here’s the ins and outs.
If you don’t use your FSA money by the end of the grace period or depending on the rules of the employer, you will potentially lose some of that cash. And any cash that is lost is never good! While HSA (Health Savings Account), the saving you own, rolls over from year to year with no specific spending deadline, the FSA balance can expire. The money in the account is forfeited by December 31 of every year or by March 15 of the following year (if you have a grace period, usually ranging from 60 to 90 days). These employer-sponsored plans may have carryovers, but you must understand what benefits you have how they work.
The question is – how do you use your FSA money?
FSA is an excellent and smart way to cover a variety of expenses. Eyecare and eyewear are two great options to spend your Flexible Spending Account / Health Savings Account money on. Many people do not realize that prescription glasses and contacts are benefits that they can get with the FSA money.
Here are 10 ways to MAKE IT RAIN and maximize your savings at your eye doctor’s practice:
- Prescription Glasses: Frames and lenses – COVERED.
- PrescriptionLenses: Update all your favorite frames. Clear. Sunglass. You name it. All LENSES ARE COVERED.
- Contact Lenses:Get up to a 12-month supply. Because you think glasses are a pain. 12-MONTH SUPPLY COVERED.
- Lens Care:Contact lenses solution, case, and eye drops – ALL COVERED. Make sure to buy FSA-approved brands to avoid paying out of your pocket.
- Computer Glasses: We put your prescription in a frame and change your workday forever. COMPUTER GLASSES COVERED.
- Get Blue Light-Protected:Studies suggest that blue light from your computer and phone will likely damage your retina. Not yours, though. Your retina can thank us in a few years. For kids, post-COVID, the need for blue light protection is REAL. BLUE LIGHT PROTECTION IS COVERED WITH FSA.
- Prescription Sunglasses: When UV protection, cataract prevention, and hiking in style collide. We call this a win-win-win. RX SUNS ARE COVERED.
- Progressive Lenses:Totally fed up with taking your glasses on & off? This annoyance has a solution. And it’s covered. PROGRESSIVES COVERED.
- See A Doctor:Have you been postponing your doctor’s appointments lately? Think you’d need vision insurance to cover the costs? Use your FSA dollars to pay for eye exams and appointments as well as any related out-of-pocket expenses. EYE EXAMS COVERED.
- Medically Necessary Surgery:Any medically necessary and FSA-eligible treatment such as Lasik IS COVERED. Not entirely, but to a great extent. EYE SURGERY COVERED.
1. Prescription glasses Frames & lenses – COVERED.
2. Prescription lenses. Update all your favorite frames. Clear. Sunglass. You name it. All LENSES ARE COVERED.
3. Contact lenses. Get up to a 12 month supply. Because, you think glasses🤓 are a pain. 12 MONTH SUPPLY COVERED.
4. Computer Glasses. We put your prescription in a frame and change your work day forever😀. COMPUTER GLASSES COVERED.
5. Get Blue Light-Protected. Studies say blue light from your computer & phone will likely damage your retina. Not yours though. Your retina can thank us in a few years. For kids this Covid year, the need for blue light protection is REAL. BLUE LIGHT PROTECTION IS COVERED.
6. Prescription sunglasses. When UV protection, cataract prevention and hiking in style, collide. We call this a win-win-win. RX SUNS COVERED.
7. Progressive lenses. Totally fed up with taking your glasses on & off? This annoyance has a solution. And it’s covered. PROGRESSIVES COVERED.