Vision Insurance Worth It Calculator
About the Vision Insurance Calculator
Vision insurance helps cover the cost of routine eye care, including annual exams, eyeglasses, and contact lenses. Most vision plans cost between $5 and $30 per month and provide an allowance for frames or contacts each year. This calculator determines whether vision insurance saves you money based on your specific eye care needs. If you require both glasses and contacts, or need annual exams plus new frames, vision insurance often provides clear value. For those who only need an occasional eye exam, paying out-of-pocket may be more economical. Discount vision plans (like VSP or EyeMed) also provide access to negotiated rates even beyond your benefit allowances, which can further reduce your costs at participating providers.
Frequently Asked Questions
What does vision insurance typically cover?
Most vision plans cover annual eye exams, a frames and lenses allowance (typically $100–$200), and a contact lens allowance (typically $100–$150). Some plans also include discounts on LASIK surgery.
Can I use vision insurance for LASIK?
Many vision plans offer a discount (typically 15%) on LASIK from participating providers, but they do not typically cover the full cost. Some plans offer a fixed benefit amount toward laser vision correction.
Is vision insurance available without employer coverage?
Yes. Individual vision plans are available through insurers like VSP, EyeMed, and Davis Vision, as well as through the ACA marketplace in some states. Costs range from about $5 to $30 per month.
Do vision benefits roll over if unused?
Generally no. Most vision plan benefits reset annually. Unused frame or contact lens allowances typically do not carry over to the next year, making it important to use your benefits before year-end.
Can I use my HSA or FSA for vision expenses?
Yes. HSA and FSA funds can be used for qualifying vision expenses including eye exams, prescription glasses, contact lenses and supplies, and prescription sunglasses, regardless of whether you have vision insurance.
Disclaimer: Results are estimates only. Actual vision costs and coverage vary by plan and provider.