Vision Care Insurance

What Does Vision Care Insurance Mean?

Vision care insurance is a financial protection plan that policyholders purchase for a monthly fee. In exchange, it offers discounted rates on specific eye health services and vision correction products. Unlike standard health insurance, which typically covers only eye diseases or injuries, vision care insurance extends coverage to routine eye exams, corrective lenses, contact lenses, and eyeglass frames.

Insuranceopedia Explains Vision Care Insurance

Vision care insurance plans typically offer basic services, including:

• Annual eye examinations to check vision.
• Eyeglass frames and lenses.
• Contact lenses.
• Vision correction procedures such as Laser-Assisted In Situ Keratomileusis (LASIK) and Photorefractive Keratectomy (PRK).

These plans may require policyholders to:

• Pay the full cost of eye care services upfront.
• Cover costs up to a predetermined limit.
• Share expenses by paying a flat fee or a percentage of the service costs.

Vision care insurance is relatively inexpensive since the covered expenses are usually predictable, making it more similar to a discount plan than a traditional insurance policy.