Health Savings Account (HSA)


Most insurance companies consider refractive surgery an elective procedure, meaning that insurance doesn’t typically cover the cost. Fortunately, there are some financing or other payment options available that allow you to pay for medical procedures like LASIK/PRK or Premium Lens Implants on a pre-tax basis. Establishing a Health Savings Account (HSA) is one popular option, in part because it can help save. Like many patients, you can use HSA funds to pay for many refractive procedures.

What Is a Health Savings Account?

A Health Savings Account is “a tax-exempt trust or custodial account for individuals with high insurance deductibles, funds are used to pay or reimburse certain medical expenses incurred.”  Instead, you work with an HSA trustee like an insurance company, bank, or someone who’s been certified by the IRS to set up HSAs. You can use HSA funds tax-free to pay for certain medical expenses, and you may be able to claim tax deductions on the funds that you deposit into your HSA.

Can Health Savings Accounts Be Used for Refractive Eye Surgery?

Yes! The funds from your HSA can be used to pay for the refractive surgery.

What Else Should I Know About Health Savings Accounts?

Since it takes time to set up an HSA and make contributions, it may be a good idea to get a head-start on your HSA if you’re planning on having laser eye surgery. An HSA can be used to pay for a variety of medical needs in addition to LASIK eye surgery, and unlike with some other tax-friendly savings options, HSA funds do a rollover from one year to the next. Your HSA also follows you from one employer to the next, so you don’t have to worry about losing funds if you switch jobs.

Are you ready to learn more?

Just pick up the phone and call 562-904-1989 to schedule your complimentary LASIK/PRK consultation, or complete the LASIK/PRK consultation form on our website. During your consultation, you’ll have the opportunity to learn more about laser eye surgery, discuss payment options – such as using your HSA for LASIK/PRK – apply for Alphaeon Credit- and a member of our experienced team is here to answers to your questions about LASIK and PRK.

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