Vision Benefits — Focus On The Important Things

December 15 | 2017
By: Fringe Benefit Analysts
healthy eyes

Stay focused on vision health and wellness

Ever heard of “smiling eyes?” We know all about that. It’s what happens when your eyes are healthy and happy.

We’ve re-envisioned the world of vision benefits. In our world, members are at the heart of everything we do, so whether you have an existing vision correction need or you rely on annual eye exams to keep your vision healthy and sharp, you can feel confident knowing you get more to love with FBA.

Employer-sponsored vision plans enhance any chosen medical plan, or provide separate comprehensive coverage.

Designed to Meet Your Needs

At FBA, we provide individual and voluntary policy options to enable customized benefits solutions for a diverse employee base. With the flexibility to choose the correct provider, we provide vision plans designed to meet your needs.

Some of our vision insurance partners include:

  • Eyemed
  • VSP
  • Opticare

Frequent Exams

Routine eye exams are very important — regardless of your age or your physical health and especially if you notice any major vision changes.

During an eye exam, your eye doctor does much more than just determine your prescription for eyeglasses or contact lenses. He or she will also check your eyes for common eye diseases, assess how your eyes work together as a team and evaluate your eyes as an indicator of your overall health.

Also, eye doctors often are the first healthcare professionals to detect chronic systemic diseases such as high blood pressure, diabetes, and other serious diseases.

Why Should You Get Your Eyes Examined?

Taking good care of your eyes is absolutely critical. An eye exam is one of the best ways to protect your vision because it can detect eye problems at their earliest stage – when they’re most treatable. Regular eye exams give your eye doctor a chance to help you correct or adapt to vision changes. Even if you think your eyes are healthy the best way to keep your eyes healthy is to be prepared and plan accordingly, eye exams will let you do this

At Fringe Benefit Analysts, we are just as committed to your and your family’s eye health as you are.

Recommended Eye Exam Frequency For Adults

  • Ages 20-39 – Every five to 10 years
  • Ages 40-54 – Every two to four years
  • Ages 55-64 – Every one to three years
  • Ages 65+ – Every one to two years

People with poor vision, a family history of eye disease or a condition that increases the risk of eye disease, such as diabetes, should have more frequent exams.

Let’s Talk Costs

As far as costs go, it is dependent on what type of plan is selected by your employer however, eye exams typically have a $0 to $25 copay, with a $10 eye exam being the most common. Lenses, contacts and frames are usually expressed in maximum benefit amounts ranging from $100 to $200 per service with $130 to $150 being the most common. In the case where a patient chooses a pair of frames in excess of the maximum amount, the patient pays the difference out of pocket.

Obviously, as co-pays go down and benefits amounts go up, premiums also go up. However, vision insurance plans are relatively inexpensive. Rates for a single employee are usually in the range of $5–$10 per month with full-family rates rarely above $25 per month. Many vision insurance carriers offer a 2, 3 or even 4-year rate guarantee on premiums. This is a great budgeting tool, as you don’t have to guess what your rate increase is going to be.

Although most eye care practices are very knowledgeable about insurance plans, remember that it is not your doctor’s responsibility to know the details of your individual plan. It is to your benefit to be aware of possible deductibles and co-pays that are part of your plan. Your insurance plan may cover routine vision care, but you might end up paying for it anyway if your deductible has not yet been met. Fringe Benefit Analysts has a team of insurance and financial specialists to help answer any questions you might have.