CAN'T I JUST USE COUPONS?
Coupons regularly advertise great savings. But be wary of the many exclusions or limited selections on frame brands and lens enhancements. Considering the cost of exams and the various upgrade options you'll likely want, a recent study* shows that most people end up spending much more than the coupon promotes. Research also shows that those with insurance pay much less for their eye care than those without. With VSP vision insurance you'll give your eye health the proper attention and realize substantial savings over what you would normally pay as a walk-in customer.
WHAT TYPES OF VISION PLANS ARE AVAILABLE?
Vision plans are typically offered as either a vision insurance benefits package or a discount vision plan.
Insurer pays doctor. You pay copay and overages not covered under policy.
You pay doctor directly at a discounted rate.
Vision insurance provides free coverage for an exam and for eyewear up to a fixed dollar amount in exchange for an annual premium and small copay (fixed dollar amount). If your choice of lens enhancements drives the total price over the plan’s fixed dollar amount, you are then responsible for the overage.
For example, if frames are covered up to $120, and the enhancements you picked total $140, you’d pay the $20 difference.
Discount vision plans, on the other hand, provide eye care and eyewear at discounted rates after you pay an annual premium. You pay the service provider (doctor or retailer) the entire cost directly, based on the pre-negotiated, discounted rate.
HOW DOES IT WORK?
For years VSP® Vision Care has worked to develop an unmatched network of eye care providers. We have negotiated with this network to provide services to VSP members at rates well below the normal walk-in prices. Once you have enrolled in a VSP vision plan you simply choose one of the thousands of doctors in our network, pay your copay, and receive your services. It’s that simple. Get Started!
WHAT ABOUT MORE EXTENSIVE PROCEDURES?
Vision insurance covers routine eye exams and prescription eyewear. Eye injuries or medically necessary procedures, such as corneal transplants, are typically covered by general health insurance. Voluntary procedures, such as LASIK, aren't considered medically necessary, so they're not typically covered by either health or vision insurance. However, VSP provides members with great savings on laser vision correction. On average, members receive 15% savings on their regular price or 5% savings on the promotions price—a great savings for you!
*Optical Retail Pricing Study, 2010