Vision Benefits – Use Them or Lose Them

You may have the impression your vision benefits in your Flexible Spending Account (FSA) will automatically roll over into next year. The fact is whatever money you “don’t use, you lose”.

Vision Benefits – Who Do You Lose Them To?

Typically you lose your vision benefits to the owner of the FSA who is most likely your employer. Or, if you have insurance, you may think you won’t leave any money on the table. Why should you worry when your insurance is through your employer. But, if you don’t use the insurance, you and your employer are wasting upfront premiums you’ve already paid. Plus, if you reached your deductible, you may have missed an opportunity to pay for needed services with a small out-of-pocket expense.

Make Your Money Work For You

You have between now and the end of the year to take action. Here are some ideas:

  • Figure out how much money you have left in your FSA, HSA or your insurance deductible
  • Next, assess all the medical-related things you may need such as eye care
  • If you determine you want to address eye care related issues Contact Us or Call 207-775-6533 and ask to speak to our front desk receptionist

Our Goal Is to Improve Your Eye Care Health

Prevention is better than the cure. That goes for your pocketbook and your health. Every vision plan is different. Take a few moments to carefully review your vision plan, your Flexible Spending Accounts (FSA’s) and Health Spending Accounts (HSA’s) to determine what is and isn’t covered. If you haven’t had an eye care exam we encourage you to schedule one now.

We may be able to help you use options in your FSA to make necessary services affordable. Some plans allow a grace period of up to 2½ extra months or carry over up to $500 per year to the following year.

Let us help you assess your current insurance and/or FSA/HSA status. Contact our office at 207-775-6533 to determine what funds are available and for what services. We want to give you every opportunity to see your way clear to all your vision benefits!