2021 Is Coming to a Close Use Your Vision Benefits

November 16, 2021

It’s that time of year again! Time to look at your Vision benefits and evaluate your health savings options to see if you need to use it before you lose it. We see it happen all the time, you contribute to your FSA all year long, but before you know it December rolls around and you need to use what you have saved.

Many employers offer different types of health savings accounts. While we know this time of year can be busy enough, we wanted to try to help weed through the different kinds of health savings.

Two Major Health Savings Options

FSA-Flexible Spending Account

This type of account is the type you want to plan carefully how much you save. This type of account can be used to help pay for copay deductibles and prescriptions. You don’t pay any taxes on this money so it can be helpful to contribute throughout the year if you can accurately estimate your family’s needs. This is the one to watch though, if you still have funds in there this late in the year, you want to make sure to use them.

HSA-Health Savings Account

This type of account also allows you to put in pretax dollars, but you don’t have to worry about losing the funds at the end of the year.

Whether you have an HSA or an FSA TriCounty Eye Associates could be the perfect use of those hard-earned dollars you put aside for health expenses. Maybe you or someone in your family needs new glasses or sunglasses? Maybe you just haven’t made the time yet this year to schedule your yearly appointment? That brings us to our next point…

Vision Insurance Limitations

Another part of your insurance you want to be aware of is the Vision Plan you have. Depending on the type of plan you have you may be limited to a certain number of frames, lenses, contacts, or eye exams per year. Make sure you get it in during the calendar or plan the year your plan supports. You pay for these benefits so don’t let them go to waste!

Call us today to schedule your end-of-the-year appointment and make sure to utilize your vision benefits in every way possible.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.