Is LASIK Covered Under HSA? - Understanding HSA and Vision Care

Are you considering LASIK eye surgery and wondering if it's covered under your HSA?

An HSA, or Health Savings Account, is a tax-advantaged savings account that allows you to set aside money for qualified medical expenses, including many vision care services.

While HSA funds can be used for a variety of medical expenses, including prescription glasses and contact lenses, LASIK is not typically covered under HSA funds.

LASIK surgery is considered an elective procedure because it is done to improve vision, rather than to correct a medical condition. However, there are some instances where LASIK might be considered a qualified medical expense under an HSA:

• If the surgery is deemed medically necessary to treat a specific eye condition, such as astigmatism or keratoconus.
• If you have a flexible spending account (FSA) instead of an HSA, LASIK may be an eligible expense depending on your plan's guidelines.

It's essential to check with your HSA administrator or insurance provider to understand what vision care services are covered under your plan.

While LASIK may not be covered under HSA funds, there are other ways to save on the cost of the procedure, such as utilizing a payment plan or seeking out discounts offered by providers.

If you are thinking about LASIK eye surgery and whether HSA can help cover the costs, you're not alone. Many individuals have questions about how Health Savings Accounts can impact their vision care choices.