2015 LASIK Flex Plan Benefits Use It or Lose It

Dr. Keegan Johnson, M.D.
Corneal Specialist and LASIK Surgeon

Keegan Johnson, M.D., Corneal Specialist and LASIK Surgeon at Center for Sight in Fall River, Massachusetts reminds anyone who elected to withhold Pre-Tax Flex Plan funds for Bladeless LASIK in 2015 that they need to use these funds or lose them at year end.

“With all the changes in health insurance this year sometimes patients don’t remember that flexible spending account funds are “use it or lose it" plans. Any amounts you do not use throughout the plan year will be forfeited, so it is very important to plan carefully,” noted Keegan Johnson, M.D. “That’s why this time of year we like remind patients who have these funds to schedule a LASIK consultation, come and see me to find out whether they are a good candidate and arrange a treatment date that works into their schedule. For those considering LASIK in January or February 2016, they too should consider coming in to see me for a LASIK consultation so that we can confirm whether they are good candidates and so then they tell their employer to withhold the pre tax funds for 2016,” further explained Dr. Johnson.

“2015 has been a year with lots of changes to health insurance plans as well as the limits and in some cases the timing for the use of Flex Plan funds. All this change has been really confusing for patients to figure out exactly how to use the FSA benefit from Flex Plans for LASIK. At Center for Sight we just maintained all of our Bladeless LASIK fees and costs to patients at $1995 per eye. This makes it simple and affordable for those wanting Bladeless LASIK since by having the $2500 maximum annual contribution withheld through payroll deduction pre tax, most patients actually get a benefit that only leaves few hundred dollars to be paid out of pocket,” explained Marie Urfer, Practice Administrator at Center for Sight.