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Some Financing Options To Consider For Lasik Surgery
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Almost 2 million Lasik procedures are expected to take place in the United States this year. However, these procedures are still generally not covered by insurance plans and are usually considered to be cosmetic not essential.
Financing options have to be carefully considered. If you cannot pay for Lasik in cash, or on a credit card you will have to get a loan for it. One option many employees of larger companies should check out is the option of Flex Pay, or Flexible Spending Accounts (FSA).
Also, you should find out if your company has an agreement for volume discounts with a local lasik center. You should check out if your company offers any of these before exploring other options.
Your company can put a portion of your salary into your FSA, and you then do not have to pay any federal, state or local taxes on this money.
Many companies allow you to spend the money for health expenses anytime during the year, even using the funds that you would be projected to save in one tax year. So if you saved $80 a week for example, you could potentially have $4,000 available for your Lasik Surgery, which your company will allow you to use in advance.
The benefits of using Health FSA sometimes depend on what tax bracket you are in. Check with your tax accountant to find out how you will be able to financially benefit the most from deducting lasik costs from your tax under this or other programs.
The provider of the services also usually offers loan repayment programs to finance lasik surgery. An example of this includes how a Lasik company itself may offer an option of a no-interest loan with a re-payment plan for periods of 24 and 48 months when you ensure you will make the repayments on time.
Other loan programs are connected directly to banks, such as Capitol One. They may offer fixed interest rates of starting at1.9%, with no interest options also. The repayment period can be stretched out to a period that suits you like up to 60 months.
Another thing to consider about financing Lasik surgery is what prices a Lasik center will charge you for further enhancement surgery if it is required as a secondary surgery to improve the first surgery. In some cases there is no charge, or only a small charge.
You should check this out with your chosen Lasik center and may even help if you use this as part of your decision making in choosing the centre in which to use.
You may want to consider if there are any ophthalmologic schools offering low rates if you let supervised students work on you. It might be an option if you’re desperate for a Lasik operation but financially strapped.
Overall, we all should beware of bargain Lasik. Since what you really want is to get the best Lasik outcome possible. Your eyes are extremely important and trusting such a delicate part of us with bargain basement treatment is an incredible risk to take.
Also, normally the total cost of the procedure should include initial evaluation of a person’s suitability for Lasik, pre-operation and post-operation examinations. Count this all up when you get your financing package proposal.
Consider the potential cost of a second enhancement surgery as part of the overall price package, even if in fact this does not become necessary it is a good safety measure and not likely to be predictable as every person is different.
Almost 2 million Lasik procedures are expected to take place in the United States this year. However, these procedures are still generally not covered by insurance plans and are usually considered to be cosmetic not essential.
Financing options have to be carefully considered. If you cannot pay for Lasik in cash, or on a credit card you will have to get a loan for it. One option many employees of larger companies should check out is the option of Flex Pay, or Flexible Spending Accounts (FSA).
Also, you should find out if your company has an agreement for volume discounts with a local lasik center. You should check out if your company offers any of these before exploring other options.
Your company can put a portion of your salary into your FSA, and you then do not have to pay any federal, state or local taxes on this money.
Many companies allow you to spend the money for health expenses anytime during the year, even using the funds that you would be projected to save in one tax year. So if you saved $80 a week for example, you could potentially have $4,000 available for your Lasik Surgery, which your company will allow you to use in advance.
The benefits of using Health FSA sometimes depend on what tax bracket you are in. Check with your tax accountant to find out how you will be able to financially benefit the most from deducting lasik costs from your tax under this or other programs.
The provider of the services also usually offers loan repayment programs to finance lasik surgery. An example of this includes how a Lasik company itself may offer an option of a no-interest loan with a re-payment plan for periods of 24 and 48 months when you ensure you will make the repayments on time.
Other loan programs are connected directly to banks, such as Capitol One. They may offer fixed interest rates of starting at1.9%, with no interest options also. The repayment period can be stretched out to a period that suits you like up to 60 months.
Another thing to consider about financing Lasik surgery is what prices a Lasik center will charge you for further enhancement surgery if it is required as a secondary surgery to improve the first surgery. In some cases there is no charge, or only a small charge.
You should check this out with your chosen Lasik center and may even help if you use this as part of your decision making in choosing the centre in which to use.
You may want to consider if there are any ophthalmologic schools offering low rates if you let supervised students work on you. It might be an option if you’re desperate for a Lasik operation but financially strapped.
Overall, we all should beware of bargain Lasik. Since what you really want is to get the best Lasik outcome possible. Your eyes are extremely important and trusting such a delicate part of us with bargain basement treatment is an incredible risk to take.
Also, normally the total cost of the procedure should include initial evaluation of a person’s suitability for Lasik, pre-operation and post-operation examinations. Count this all up when you get your financing package proposal.
Consider the potential cost of a second enhancement surgery as part of the overall price package, even if in fact this does not become necessary it is a good safety measure and not likely to be predictable as every person is different.