Differences Between HSA and FSA Regarding Vision Costs

Picking out Glasses

As we near the end of the year, you may be wondering if the money you've been carefully putting into a flexible spending account (FSA) or health savings account (HSA) is in jeopardy. Some of these accounts have a "use it or lose it" policy to them, requiring you to spend what you put into them before the calendar year is out.

If you have money sitting in your account, you may not be sure what to do with it. The good news is there are a lot of unexpected avenues for spending those unused funds, including vision care through EyeCare Associates.

To help you decide how to use these dollars, here's a look at exactly how FSAs and HSAs work and what vision costs you can cover with them. While there are some differences between HSAs and FSAs when it comes to vision costs, the team at EyeCare Associates has broken it down for you below.

hsa and fsa differences

Differences Between HSA and FSA

FSA and vision costs

Paying for Vision Care

Whether you have an FSA or an HSA plan, the money is yours to help you meet your health needs and pay for qualified medical expenses. This includes a variety of vision care options from EyeCare Associates.

While some specifications of your health plans can vary based on your employer, our team works with you to answer any coverage questions, so you get the vision care you need. If you're not using an FSA or HSA to pay for vision care, EyeCare Associates also answers any general insurance questions. For more specific insurance, plans, and coverage information, contact us at (844) 393-2355.

Contact the EyeCare Associates team to schedule an appointment or learn more about paying for eye care with FSAs and HSAs.