Vision service plans are a proficient way to counter the expensive price for eye exams, glasses contact lenses, and even glaucoma screening. VSP is typically sold separately or as a co-plan to a health insurance policy.
As of now, there are over 2.5 million visually impaired people in the US – that is, those that have very limited vision (if at all). This number does not include 1 million blind. That more than 3/4th or nearly 75% of people between 25-64 require some kind of vision correction equipment (read: glasses, lenses) is a testimonial of the declining state of our nation’s vision health.
Protect your eyes. Insure your vision.
Individual vision insurance can provide a range of benefits. However, very few people actually utilize it and end up paying hundreds of dollars every year on expensive optical instruments and doctor visits. This often misunderstood insurance policy can be easily coupled with your regular health insurance policy for a tiny amount but can yield great benefits.
There are many misconceptions about vision insurance among most people. Few realize what it means and its benefits, and even fewer purchase it when they actually need it. Knowing what vision insurance is and its benefits is the first step in determining whether you need it. Vision insurance can be a critical component of a comprehensive insurance plan; understanding it can help you derive the maximum benefits from it.
Individual vision insurance is exactly what it sounds like – an insurance plan tailored specifically to take care of your eyes. A typical plan includes everything from regular visits to the opthalmologist (eye doctor), prescription glasses and lenses, and even major surgery such as LASIK or Cataract.
Eyeglasses are perfect for those who don’t like to wear contacts. Contact lenses can sometimes irritate people’s eyes because they are not used to having a small piece of plastic in their eye, and it becomes uncomfortable.
Although it is unquestionably imperative to have good vision, it may or may not be critical to have vision insurance. Many consumers overvalue this coverage and pay too much for it. To know whether you get what you paid for when you purchase vision coverage, it is imperative to know what eye coverage covers and what it doesn’t include. Having knowledge of the limitations of vision coverage is necessary to determine whether you should pay extra for the coverage.
As compared to a regular insurance plan, vision insurance is really quite cheap and can give you a lot of benefits if you suffer from poor eye sight, or there is a history of eye related problems in your family. You can either get vision insurance as a standalone plan, or you can get it as an add-on to your regular insurance plan. In case of the latter, you will have to pay a small fee in addition to your regular costs.
A lot of people wonder whether their insurance policy covers prescription glasses too. The answer to this question will depend, of course, on the type and breadth of your policy. Generally, unless you have a specific vision insurance policy, prescription glasses will not be covered.
