Can I Use My HSA or FSA for LASIK Surgery?
Yes. With a tax-free Health Savings Account (HSA) or Flexible Spending Account (FSA), you can pay for your LASIK surgery with pre-tax dollars, which could mean a 20-30% discount for those who are eligible.
Employer HSAs or FSAs are a popular way to reduce the cost of LASIK surgery. Participating employees are able to set aside pre-tax dollars for LASIK surgery and other approved medical expenses. Depending on income level, you can save up to $2,000 a year with certain HSAs or FSAs. Remember, most flexible spending accounts and health savings accounts don’t roll over to the following year. Be sure to plan and prepare so you don’t lose your contributions.
Reduce the Cost of LASIK Surgery with Your HSA or FSA
Tips for Using HSA or FSA on LASIK Surgery
- Be sure to check with your HR department for enrollment deadlines in your company’s HSA or FSA benefits.
- Schedule a complimentary consultation with Dr. Mozayeni to find out if you are a candidate for LASIK surgery before you transfer money into a medical savings account.
- Ask questions. At Providence Eye & Laser Specialists, our staff and doctors are ready to help find answers to your questions so you can take full advantage of your HSA or FSA.
Don’t have a HSA or FSA account? LASIK is still considered a tax-deductible expense. Read our blog about LASIK Surgery as a tax deduction.