Vision Insurance for Glasses: This May Save You Money

Thinking about getting vision insurance?

Maybe you need glasses. Or your eyesight has changed (it’s common as you get older). Or it’s just time for an eye exam. But you’re wondering how much it might cost, right?

The average out-of-pocket costs per year for corrective vision care in the U.S. is about $500 for:¹

• Eye exams
• Glasses or contact lenses
• Eye-care products

Vision insurance can be a cost-effective and affordable way to pay for exams and glasses compared to paying out of pocket. How can vision insurance save you money? Here’s what you need to know…

What is vision insurance?

Vision insurance is a supplemental health insurance product. Think of dental insurance and vision insurance as members of the same family. They cover services that are not usually covered by standard health insurance plans.

It’s sometimes called “glasses insurance,” but vision insurance covers more than glasses. Many vision plans cover:²

• Regular eye exams with an optometrist
• Prescription glasses or corrective lenses
• Corrective contact lenses (in place of glasses)
• Discounts on corrective eye surgery

How much does vision insurance cost? 

You can find vision insurance plans with a monthly premium of $5 to $35 per individual. If you get an exam and glasses, vision insurance can save you several hundred dollars in out-of-pocket costs.²

How does vision insurance cover glasses?

Before you put on a pair of prescription glasses to see better, there’s a few steps you need to complete. Vision insurance can help cover the costs along the way. Here’s what you need to do:

• Step 1. Get an eye exam from an optometrist. (Your vision insurance plan may require you to see in-network provider)
• Step 2. Find out your prescription. During your eye exam, the doctor will perform a series of tests to determine your prescription.
  • Based on the results, your doctor will recommend the best type of glasses to correct your vision such as single vision lenses, multifocal lenses, bifocals, or another option.
• Step 3. Choose frames for your glasses. Many eye doctors have a selection of frames you can choose from on site. You may also order frames online and provide your prescription to the supplier.

Every vision insurance plan is a little different, but some common factors that determine how much you’ll pay for glasses include:

• An annual allowance for glasses and frames
• Copay for exams and prescription glasses
• Higher out-of-pocket costs for providers outside the plan’s network
• Additional costs may depend on your choice of lens additions (e.g. scratch proof, UV coating, etc).

Ready to see more clearly? Vision insurance can help

Looking for vision insurance to save on eye exams and glasses? A licensed insurance agent can help you find a plan that meets your needs and your budget. Call (800) 827-9990 for more information, or find a licensed insurance agent in your community