As the end of the year approaches, it is vital to take advantage of your vision insurance benefits before they expire. Remember, most vision insurance plans operate on a "use it or lose it" basis, meaning unused benefits will not roll over to the following year. To maximize your benefits, it is essential to understand the difference between vision insurance and medical insurance.
Understanding Vision Plans and Coverage
Vision insurance covers routine eye care, such as eye exams, prescription glasses, and contact lenses. On the other hand, medical insurance covers eye-related issues such as eye infections, glaucoma, and cataracts. By understanding the difference between these two types of insurance, you can make informed decisions about your eye care needs and make the most out of your vision insurance benefits. Let's discuss these:
Vision Benefits Packages
This type often accompanies traditional healthcare and covers eye health services like routine eye exams, discounts on corrective eyewear, and reduced costs for eye surgery. It includes a network of eye care professionals who adhere to the plan.
Vision Discount Plans
These plans offer flat-rate discounts on vision-related services, including eye exams, eyeglasses, and contact lenses. You pay the difference in cost, but these plans generally have lower premiums than benefit plans.
Vision insurance planning is essential to make the most of your coverage. Call 416-763-2020 to discuss your insurance plan and how to apply your vision insurance to your eyecare expenses before the year runs out.