Financing Insurance Coverage Flexible Spending Accounts Q and A

Finances

Flexible Spending Accounts

Why use tax-free dollars to pay for LASIK?

Today, more people are using FSA — Flexible Spending Accounts (also called a Cafeteria plan, Medical Spending Account, Flex 125, Tax Saving Plan, or Reimbursement account) — to help pay for laser vision correction.

Since FSA funds are pre-tax dollars, your money goes further. Based on your tax bracket this could save you up to 20-40% of the cost of laser vision correction. Best of all, you may not have to wait for your FSA to accumulate to use the funds — you can access the account at the beginning of your benefit year.

But, before taking advantage of the tax savings benefit, we recommend some simple steps:

Find out how a Tax Savings Account can work for you. Check with your human resources department to find out what your benefit is, how it works and when the enrollment period is.

Determine if you are a good candidate for LASIK before you sign up. (We offer a complimentary consultation to help determine if you’re a candidate)

Please call 262-789-9029 or toll free 877-789-9029

Please call early to allow adequate time prior to your enrollment deadline.

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Dr. Hale is regarded as one of the most highly skilled, experienced Milwaukee laser eye surgery specialists. In addition to LASIK and PRK, he offers IOLs in Milwaukee. Through the implantation of sophisticated IOLs, such as ReStor and Crystalens, Dr. Hale helps patients achieve clear vision while greatly reducing their dependence on glasses.