Surgeries Your Insurance May Not Cover

You have health insurance? Great! You want Lasik? Well...

Most health insurance companies won't cover surgeries they consider "elective," or not a medical necessity. Insurance coverage varies greatly from one company to another, however, and the only way to be completely sure what your insurance policy covers is to contact your insurer.

Here are a few common surgeries your insurance company may not pay for:

Lasik Eye Surgery
Many insurance companies will not pay for laser-assisted in situ keratomileusis eye surgery and other forms of corrective eye surgery because, in most cases, it is not medically necessary. Patients may have vision problems, but if they can be corrected by wearing eyeglasses or contact lenses, an insurance company will call it elective. In general, insurance companies don’t want to pay to correct conditions that do not threaten the patient’s health.

If you're interested in getting corrective eye surgery, and your insurance won’t pay for it, there are other alternatives. Many doctors offer payment plan options to spread costs over time. Alternatively, you may be able to get a medical loan to finance the costs. Medical loans tend to have high interest rates, however, so unless you're doing very well you should avoid them. If you have a flexible spending account (FSA) through your employer benefits, you can use this to self-finance. With an FSA you can direct a portion of your salary into your account before taxes. Once you have saved enough, you can pay for your Lasik without having incurred any interest charges. The surgery usually costs between $1,500 and $3,000 per eye.

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