Vision Insurance Explained

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The eyes are extremely important organs of the human body. The health of the eye thus influences one’s overall wellbeing. Vision insurance is a form of healthcare insurance that specifically cater to healthcare needs related to one’s sight.

Vision insurance is the form of healthcare insurance that is aimed at reducing the cost of the different medical care for the eyes. Thus, vision insurance could apply to expenses such as eye exams and eyewear such as glasses and contacts.

Because vision insurance is not necessarily a general form of insurance, it is important to understand the terms and conditions associated with a vision insurance offer before opting for it.

The Affordable Care Act directs that all insurance offers for children should include cover for eye care expenses. That directive is, however, not extended to adults. Affordable vision insurance plans for adults cover different eyecare expenses.

Vision insurance is typically offered in forms that differ from other types of insurance. The two forms of vision insurance generally offered are the discount vision plans and the vision benefit plan

Discount vision plan

This form of vision insurance is associated with low premiums. By paying monthly premiums under the discount vision plan, one gets eyecare services at a discount. Generally, the discount associated with discount vision plans ranges from 15% to 35%. Discounted eyecare products and service which one could access with a discount vision plan include exams, lenses and contacts. These products and services, however, differ according to the provider of the plan. Discount vision plan is known as the affordable vision insurance.

Vision benefit plan

Vision insurance can also be offered as vision benefit plans. These plans generally cost more than the vision discount plans. Vision benefits plans are the more traditional form of vision insurance. This type of vision insurance requires the payment of a premium that provides access to different products and services.

With this type of vision insurance, one can receive services and purchase products mostly from a network of providers. Other options may be allowed, depending on the provider. Like other traditional forms of insurance, vision benefit plans require the payment of co-pays. This form of vision insurances provides extensive coverage for eyecare expenses.

It is noteworthy that a lot of vision insurance providers do not extend vision benefit plan coverage to cosmetic procedures.

How to get a vision insurance plan

Vision insurance is available as group or individual plans. The group plans can be gotten through one’s employer, associations and government programs. Individual vision insurance plans are also available through local insurance brokers and agents.

An important step in getting a vision insurance plan is understand the full extent of the coverage. The coverage that comes with vision insurance varies with the provider. It is especially important to understand the costs and benefits of a vision insurance plan before opting for it.

Apart from the reduced cost of eyecare products and services, the importance of vision insurance lies in the fact that routine eye examination can indicate signs of other chronic conditions such as diabetes.