How to Use Your Flexible Spending Account at Looking Glass Optical
Did you know that you can use your Flexible Spending Account (FSA) for eye care? It’s true. So, if you’ve been putting off your annual eye exam or you’re waiting to update your eyeglass prescription, now’s the time to prioritize your eye health. However, some individuals may not be aware of what a Flexible Spending Account is or what it covers when it comes to eye care. Luckily, we’ve made it easy for you to learn everything you need to know about using your FSA at Looking Glass Optical.
What is an FSA?
An FSA, or Flexible Spending Account, is a benefit plan that some employers provide. A portion of your salary, taken out before taxes, goes into this account. The account is specifically for the use of healthcare products and services, which includes medical, vision, and dental care needs.
An individual FSA account covers you, your spouse, and your children for the entire year. However, it is important to note that you must your FSA funds by a certain time of year as the funds will expire. Ask your employer about their exact expiration terms.
Moreover, the FSA provider typically provides FSA cards to its account holders. These cards work the same way as debit and credit cards. You can use your FSA card in any facility that accepts these transactions. Just keep in mind that if your provider did not provide you a flex spending card, you have to submit a reimbursement claim to them.
How to Use Your FSA at Looking Glass Optical
Here’s some of the ways that you can use your Flexible Spending Account to cover the cost of vision care:
- Get an annual comprehensive eye exam – An eye doctor checks the health of the blood vessels around the retina, and also checks for vision problems.
- Buy prescription eyeglass frames and lenses – Any prescription frames and lenses are FSA-eligible, whether they’re bifocals, reading, progressive, or specialty eyeglass frames and lenses. In fact, the price tag isn’t an issue as long as your FSA account has the funds to afford it. You can also add multi-coating, anti-glare, or protective coating to the lenses.
- Buy prescription sunglasses frames and lenses – Sunglasses are FSA-eligible if they are used to protect the eyes outdoors or if the doctor prescribes them to you. FSA’s does not cover sunglasses intended for other personal use.
- Get prescription contact lenses – You can also use your FSA funds to buy contact lenses, and that’s good news for individuals whose insurance companies don’t cover the costs. Additionally, you can also use your FSA to purchase contact lens cases and solutions. What about colored contacts? As long as you use them to correct vision problems, then they’re FSA-eligible.
- Buy eye care accessories – Have everything you need to take care of your vision. Buy rewetting drops, eyeglass wipes, and cleaners because your FSA covers them, too.
All in all, if you’re planning to upgrade your lenses, make sure to get a comprehensive eye exam first. This is to check if your prescription has changed over the months or years. Most importantly, the result will help you shop for the right glasses for your unique vision.
Looking Glass Optical Takes FSA Insurance
FSA insurance makes eye care convenient for employees and consumers. You can maximize the benefits of your Flexible Spending Account by using it on eye exams, eyeglasses, and other accessories that can improve your vision. So, make sure to save your hard-earned money and use your FSA benefits to prevent vision problems from worsening.
It’s almost the end of the year, are you ready to use your FSA at Looking Glass Optical? Check out our wide variety of eyeglass frames and lenses for the entire family!
